Why would the network without human intervention not accept my second chain? It perfectly follows the rules...
Because you cannot reverse public blockchain using your one secret longer blockchain twice.
Why would the network without human intervention not accept my second chain? It perfectly follows the rules... The other attack you are describing is the nothing at stake problem where you can keep trying double send without any cost. I am talking about a more severe attack that will force the network to become centralized or investors/exchanges/reputation take massive losses....
It do cost to attack Pos coin. You have to buy 5% coin from market.
I am talking about a more severe attack that will force the network to become centralized or investors/exchanges/reputation take massive losses....
Please describe the more severe attack in detail.