Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
klee
on 09/06/2014, 09:51:43 UTC
There is no "nothing-at-stake" problem. No entity can ever buy 51% of the coins in existance.

The attacker needs 51% of coins the existed at some point in the past.  He can attack the network with 0% of the coins that are currently considered as valid. That's why it's called "nothing at stake": he can attack the network using coins that were already spent!
Are you sure there was a case like this in NXT history? Because if there was not one, as far as I understand N@S is not applicable @NXT..