Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
Este Nuno
on 15/07/2014, 12:13:50 UTC

Peercoin's PoS implementation has nothing to do with NXT's PoS implementation.

PoS may be broken in one system, but perfectly safe in another.

Just like PoW may be susceptible to 51% attack and successful double spending and selfish mining in Bitcoin, but not susceptible to those attacks in Myriadcoin due to its 5 independant PoW algos.

Not to mention PPCoin/Peercoin is around 2 years old and was the first implementation of PoS ever. It was a trailblazer but it's not really relevant to discussing modern day PoS systems.