3 ms·
>It's not possible to[...] Because there is no time-value trade off associated with delaying block create in PoS you can play games in the interim period of ti
by DINKDINK 8y ago
>It's not possible to[...]
Because there is no time-value trade off associated with delaying block create in PoS you can play games in the interim period of time. In PoW you pay a penalty for not building on a block. PoS basically tells network participants that there is 0 cost to not building on a block. See the lecture: Formal Barriers to Proof-of-Stake Protocols[1] for other failings of PoS.
[1] https://www.youtube.com/watch?v=PGrWGMRbdvw https://www.youtube.com/watch?v=PGrWGMRbdvw