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>>your claim was consensus rules AND hash of most recent block are necessary. this is false, hash of most recent block is not necessary for bootstrapping. A ha
by CryptoPunk 8y ago
>>your claim was consensus rules AND hash of most recent block are necessary. this is false, hash of most recent block is not necessary for bootstrapping.
A hash of A block from a trusted third party is needed for a node to bootstrap into a PoS network. Regardless of which block that is, the same amount of trust is required. And getting a more recent one reduces the number of blocks the node needs to download.
Anyway, the point is, the difference in bootrapping between PoW and PoS is in PoS, a hash of a block is also needed from a trusted third party. In both cases, a trusted third party is needed, and if the TTP is malicious, they can totally defraud the user.
- keymone 8y ago> the difference in bootrapping between PoW and PoS is in PoS, a hash of a block is also needed from a trusted third party. so far so good... > In both cases, a trusted third party is needed wait, what? when did that thing sneak into your argument? why do i need trusted party for PoW?
- CryptoPunk 8y agoI thought we went through this. In PoW, you need the consensus rules from a Trusted Third Party.