3 ms·

But it’s not a scarce resource you spent. As the author says, you can sign multiple, contradictory stakings.

• dathinab 5y ago
  Which can (likely will) make you lose all the stacked money.
  • SilasX 5y ago
    The article addresses that in the section starting: >>Therefore, once they have withdrawn their deposits, they are untouchable. This is the “nothing at stake” problem. There will inevitably come a point when a node is free to liquidate their entire stake and cash out. And later concludes that, In order to know which is the valid staking, you have to already have a decentralized mechanism for ordering transactions, which was the problem to begin with.
    • dathinab 5y ago
      But that's also true for PoW as you can use hardware which after an attack you can use for other things.
      • SilasX 5y ago
        But you have to do new work (and a lot of it, requiring energy and time), compared to the trivial cost of generating another signature as in PoS.
      • randomNumber7 5y ago
        You cant reuse the electricity you have already burned...