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POS uses few users to validate transactions. This is not decentralized. > Sharding has a unstoppable risk of a 51% attack. >So does bitcoin? Bitcoin cost of
by robertAngst 7y ago
POS uses few users to validate transactions. This is not decentralized.
> Sharding has a unstoppable risk of a 51% attack.
>So does bitcoin?
Bitcoin cost of 51 percent attack is ~400k for 1 hour. ETH is 90k for 1 hour.
https://www.crypto51.app/ https://www.crypto51.app/
- ericb 7y ago> Bitcoin cost of 51 percent attack is ~400k for 1 hour. ETH is 90k for 1 hour. Seems not wildly different to me and nearly the same order of magnitude, and you are also admitting that 51% is a concern for Bitcoin, so it sounds like we're agreeing now! > POS uses few users to validate transactions. The "few" can be quite a large number, and those same validators are by definition very invested.