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For certain cases of attacks, yes with minority forks, and by destroying the attackers stake in other cases, see the section titled "Attacks are much easier to
by ece 6y ago
For certain cases of attacks, yes with minority forks, and by destroying the attackers stake in other cases, see the section titled "Attacks are much easier to recover from in proof of stake" here: https://vitalik.ca/general/2020/11/06/pos2020.html https://vitalik.ca/general/2020/11/06/pos2020.html
- loceng 6y agoSo why not just have a trusted centralized authority(ies), arguably democratically elected who control the system(s), and where there isn't a transfer of wealth weighted from late adopters towards earlier adopters?
- deleted 6y ago[deleted]
- ece 6y agoThat's another alternative, which doesn't exist yet. Ethereum PoS could be here sooner and doesn't use energy like PoW does, along with other helpful features.