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Well not quite. The test net is actually a hybrid of proof of work and proof of stake [1]. Proof of work is used as the main decider in the case of a fork, howe
by barbegal 9y ago
Well not quite. The test net is actually a hybrid of proof of work and proof of stake [1]. Proof of work is used as the main decider in the case of a fork, however if long forks are seen then checkpoints validated by proof of stake are used.
The slashing function is in the contract [2] but there is actually no incentive to duplicate votes on the testnet since there is only rewards for voting (block rewards are given to proof of work miners).
[1] https://github.com/ethereum/casper/blob/master/IMPLEMENTATION.md https://github.com/ethereum/casper/blob/master/IMPLEMENTATIO...
[2] https://github.com/ethereum/casper/blob/master/casper/contracts/simple_casper.v.py https://github.com/ethereum/casper/blob/master/casper/contra...
- drcode 9y agoDon't totally follow your argument, but if you're saying that we won't have a full understanding of the POS economic guarantees until we have empirical evidence from a "live network" with significant rewards at stake I agree 100%.