Quote from: sairon on January 02, 2014, 08:19:38 PM

Quote from: Thirtybird on January 02, 2014, 08:14:20 PM

Quote from: sairon on January 02, 2014, 07:38:40 PM

Quote from: Thirtybird on January 02, 2014, 07:34:50 PM

One question I still have is : what is to prevent a user from forcing the generation of a POS block (which is just a flag when starting the wallet now, correct?), jumping offline before the generation is complete and coming back on 6 hours later. Does it attach to the end of the blockchain? or does it insert where the blockchain was when the block was generated (not submitted), potentially orphaning 360 blocks?

He can generate a PoS block wherever in the chain he likes, however with trust reduced to 1 it's useless to do so. And the "no consecutive PoS" rule prevents him from doing any damage even if he has millions of PoS-eligible inputs.

So, it appears that the genesis for the hash on a POS block is based on the coin age of the input. If POS isn't successful (due to the most recent block being POS), then the coin age is not destroyed, and can be attempted later, which can be as soon as a minute (in an ideal model) as a miner finds a POW block to sit on top of the minter's POS block.

I just wasn't certain if the whole orphaning was being caused by the POS blocks having to be inserted into the blockchain at the point it was generated as opposed to when the minter was connected to the network.

Is cementing an option, or would that be really bad with our current distribution of hashpower (mostly centralized)? https://en.bitcoin.it/wiki/Proof_of_Stake#Cementing

IMO cementing is a bad idea as it requires us to trust PoS (which we don't as of now).
Also there could be some race-conditions and other nasty issues that could easily result in network fragmentation.

I can't seem to wrap my mind around it, why is POS untrustworthy and POW trustworthy? So I have to trust a miner who has millions and millions of hashing power that he will not generate dozens of blocks in a series? That happens now, everyday and no one seems to care.

Gorgoy

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