Post
Topic
Board Development & Technical Discussion
Re: Proof that Proof of Stake is either extremely vulnerable or totally centralised
by
funkenstein
on 05/03/2016, 14:30:16 UTC
If you remove the miners, you are investing in nothing. That is PoS in a nutshell.

As long as you believe this, any discussion is pointless.
It's economic nonsense, plain and simple.

Check the OP - that is what this entire discussion is about.



PoS is mining.  It's cpu-mining, not much different than what satoshi designed for Bitcoin.

But while anyone can attack a PoW coin, nobody can attack a PoS coin without investing first.  Even in your scenario.


Anyone can mine a PoW coin, nobody can mine a PoS coin without investing first.

FTFY