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In PoW my GPU can only hash one chain at a time so I have to pick a fork to continue on. This is true for everyone else too, so the incentive is to mine the for
by vineyardmike 5y ago
In PoW my GPU can only hash one chain at a time so I have to pick a fork to continue on. This is true for everyone else too, so the incentive is to mine the fork that will most likely live since you can’t earn coin without mining.
In PoS, I hold tokens and when a fork happens, I’d hold tokens in both forks now (same parent token in both child forks). I can trivially run 2 validators where I stake my tokens in both forks. This is possible because validation in PoS was meant to not consume much resources, so running 2 is affordable. The incentive is to stake both forks because doing so means I’ll pick the right fork (by picking all) and thus preserve my stake in at least one fork.
- hanniabu 5y agoNot all validators will run their node on the fork. As seen with the 2016 fork, many will sell their forked token to buy more of the real thing.
- fshbbdssbbgdd 5y agoI think the punishment system described elsewhere in this thread solves the issue of existing validators running both chains. If that’s correct you’d have to buy more coins to stake to “attack” the cheaper chain (which is much like renting hash power to attack a PoW chain).