Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
Peter R
on 08/06/2014, 18:36:15 UTC
If mining goes to PoS the cost tends to zero.  

If the cost to secure the network tends to zero, then the cost to attack the network tends to zero is well. 

The is the essence of the "nothing-at-stake" problem with PoS that, despite claims to the contrary, remains unsolved (and IMO very likely unsolvable).