Post
Topic
Board Altcoin Discussion
Re: Proof of stake instead of proof of work
by
benjyz
on 24/04/2014, 12:22:03 UTC
Random coalitions to alter the past can be formed at no cost to those colluding.

It is however not clear at all what the cost of collusion is, very much depending on the system. The Byzantine general problem assumes there is a (small) fixed number of generals. Presumably the soldiers under the command of a general are not colluding. In Lamport's model there is no cost of communication between generals. The fact that the plans are also tied to the history makes the situation much more complicated.