4 ms·
> The required amount is greater than 2/3 (67%) I'm not sure that's correct (the tweet doesn't get into any details so I went to ethereum's website https://eth
by naringas 6y ago
> The required amount is greater than 2/3 (67%)
I'm not sure that's correct (the tweet doesn't get into any details so I went to ethereum's website https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/#proof-of-stake-and-security https://ethereum.org/en/developers/docs/consensus-mechanisms...)
> The threat of a 51% attack still exists in proof-of-stake but it's even more risky for the attackers. To do so, you'd need to control 51% of the staked ETH. Not only is this a lot of money but it would probably cause ETH's value to drop. There's very little incentive to destroy the value of a currency you have a majority stake in. There are stronger incentives to keep the network secure and healthy.
The keypoint seems to be that if your attack fails your stake gets destroyed so besides the positive incentives (a good stable network working for all) this system also relies on punishing failed attacks.