3 ms·
A 51% staker who attempted to reverse transactions on ETH2 would be automatically penalized by the destruction of their stake. The network would keep running an
by DennisP 6y ago
A 51% staker who attempted to reverse transactions on ETH2 would be automatically penalized by the destruction of their stake. The network would keep running and the end result would be a large sudden deflation of ETH. On PoW this would be like an attacker's mining rig burning down.
A 51% staker who just censored transactions could hold out longer. If the problem were severe, the community would have to decide whether they want to manually fork off the attacker. The equivalent for PoW would be changing the hash function.
Gaining 51% can be more expensive to do on PoS than on PoW. If 10% of the tokens are staked, you need to accrue another 10% of the total market cap. On PoW, if the annual inflation rate is 2%, the hardware is good for two years, and half the mining cost is electricity, then the total value of mining equipment is only 2% of the market cap, and that's how much you'll have to spend to get 51%. (If miners are rentable, then much less for a brief attack.)
- jaked89 6y ago> On PoW this would be like an attacker's mining rig burning down. A rig burning down will undermine the network's security (as less electricity/capital is invested in securing it), while a stake burning strengthens it (as deflation increases the value of the remaining stake). There's no real Pow equivalent, eth2 is simply superior.