Post
Topic
Board Altcoin Discussion
Re: Is PoS dead?
by
Ryota
on 29/06/2014, 18:31:01 UTC
POS is actually more secure than POW.

It's false.


It is a widely spread belief that crypto-currencies implementing a proof of stake transaction validation system are less vulnerable to a 51% attack than crypto-currencies implementing a proof of work transaction validation system. In this article, we show that it is not the case and that, in fact, if the attacker’s motivation is large enough (and this is common knowledge), he will succeed in his attack at no cost.

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2393940