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So if all it takes is 4 miners to pull together - and that's never happened - but it would take 70k individuals with Proof of Stake - wouldn't that make it much

So if all it takes is 4 miners to pull together - and that's never happened - but it would take 70k individuals with Proof of Stake - wouldn't that make it much less likely to happen???

Qworg 5y ago
That's only in a fully deployed system. 70k people won't participate in the first buy of PoS ETH - you'll have a far smaller number, likely less that BTC at scale. Also, ETH has already forked over a doctrinal issue - I don't doubt it could happen again, but the PoS leaders will just directly double down. This isn't a PoS/PoW argument - more that most public blockchains are inherently winner take all systems.