Yeah, that is a big difference between PoS vs. PoW where damaging the network damages you a lot more financially. You can cash out PoW earnings more or less imm

Yeah, that is a big difference between PoS vs. PoW where damaging the network damages you a lot more financially. You can cash out PoW earnings more or less immediately and then corrupt the network, whereas with PoS your stake is what lets you corrupt it. Someone else linked a thread that was like, "the buy-in for PoW is pretty high too, you gotta burn $15k-$25k on an ASIC mining rig...", but that's obviously peanuts compared to $130k. I'm not so sure it's a given that corrupting the network outright destroys it though. That defense mechanism assumes at least a few things: - Enough people would notice - Enough of those people would sell their ETH as a result - Enough of those people would sell enough of their ETH I think it's pretty plausible some off-chain action would occur instead, like a fork or some governance issue. It seems unlikely that the majority of ETH holders would participate in a mass sell-off that would bankrupt many (most?) of them, to say nothing of the social (my whole life is ETH) and investment (my whole business and the businesses/careers of all my friends are ETH) costs. You could also imagine a conglomerate doing this for "noble" reasons. "We reversed transaction Y because they're child pornographers" or whatever the worst thing is in the crypto community (maybe they discover Hillary Clinton's wallet address or something). This could be enough grey area for most people to not pull a run on ETH. --- (Sorry hit Submit by accident, if you can believe it) Rocket Pool looks, idk it makes me nervous. From a quick read (could be getting this wrong) they're essentially selling their tokens for ETH, but you can't redeem your tokens to get your ETH back unless the staking pool can cover it, which I think they currently can't because the Beacon chain isn't sending ETH rewards yet. So you spend fiat for ETH, and you spend ETH for an IOU. I guess my preference here would be something like a straightforward DAO where people buy shares of a staking operation and there some kind of governance when they want to leave. Anything more complicated than that and my spider sense starts tingling. But as a broader comment, one of the things that makes me (and probably others) suspicious about the crypto space is that it's just littered with small and large reminders of how rich you're gonna get. Like the docs about their rETH token is a green graph going up tremendously with an example of how you're gonna make a 25% profit [1]. Like, I'm not saying all examples should include a losing money case and all graphs should be red lines going south, but there are real MLM vibes everywhere you look. [1]: https://docs.rocketpool.net/guides/staking/overview.html#the-reth-token https://docs.rocketpool.net/guides/staking/overview.html#the...