3 ms·
I don’t investigate every shitcoin out there, but all of them have the same flaws in general. Your particular shitcoin probably has something called voting quor
by keymone 5y ago
I don’t investigate every shitcoin out there, but all of them have the same flaws in general. Your particular shitcoin probably has something called voting quorum, where only a fraction of global supply is required to proceed in staking. By reducing that fraction you’re making large stake holders more and more able to overpower all others the moment they decide to become malicious.
In PoW all hashrate is always voting and security is paid for external expenditure, not something virtual within the system.
PoS is a scam and you should stop supporting it.