4 ms·
Nothing. But nothing moves forward without consensus. So you'd need 51% of the network to agree with your made up chain, which would mean controlling about $100
by pkulak 4y ago
Nothing. But nothing moves forward without consensus. So you'd need 51% of the network to agree with your made up chain, which would mean controlling about $100 billion in Eth. And then you've managed to destroy a network that you have $100 billion wrapped up in, so... good job? And if you try with less than 51% and the rest of the network slaps you down, you lose your stake (or some portion of it).
- giaour 4y ago> So you'd need 51% of the network to agree with your made up chain, which would mean controlling about $100 billion in Eth. Does that sum assume that every coin will be staked? As I understand it, coins staked for validation are held in escrow and can’t be used for transactions until the validator node unstakes the coins. Surely only a small percentage of coins will be staked at any given time.
- ChadNauseam 4y agoThere is $200B ETH staked already
- myroon5 4y agoAll ETH is worth slightly less than $200B: https://coinmarketcap.com/currencies/ethereum/ https://coinmarketcap.com/currencies/ethereum/ and most of it is not staked