Post
Topic
Board Altcoin Discussion
Re: Proof-of-stake can never scale without blowing up, because PoS isn't trustless
by
kiklo
on 14/07/2016, 11:10:11 UTC
I understand now that by "difficulty" you are referring to the threshold to sign your stake over. And as I told you from this start, this is not computational work that prevents a Long Range attack. One can go back and sign for some state of the chain as far back as the genesis block and pretend that signature was issued back at that time. And rebuild a completely new chain this way, because there is not computational work that has to be done to prevent the attacker from building a very long chain quickly. That is precisely what is meant by the "nothing-at-stake" problem and why checkpoints are required.

So after several pages of you trolling me, now you see I was correct. I warned you.

LOL,
Nope you're not, believing G.Maxwell B.S. won't make you right.

You mistake trolling for correcting, and if you are blind to the truth that is your choice.
And if someone thinks G.Maxwell lies are valid or he himself thinks he can prove it.
Tell him to prove it with ZEIT , I'll be waiting for him. (Scary Music Playing) Muu Ha Ha  Cheesy

 Cool

FYI:
If you reread the earlier posts , I used the term accumulated difficulty.
But declare victory if it makes you feel better, I will settle for the truth.