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How do they prevent impersonation? There's no way a cryptosystem can prove that two different people actually have two different keys. If I want to pwn Cardano/
by spopejoy 5y ago
How do they prevent impersonation? There's no way a cryptosystem can prove that two different people actually have two different keys. If I want to pwn Cardano/Polkadot, don't I just need to run a bunch of different staking keys?
- je_bailey 5y agoLooking at Cardano. There are currently 2,497 staking pools which are staking 72% percent of all Ada that is out there. Which is about 23 billion coins staked. So if you owned 12 billion cardano and set up 188 pools to hold all of it, yes you would control the majority of the network.
- Sargos 5y agoBinance runs about a dozen staking pools publicly so there are definitely problems with trying to keep pools decentralized.