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Fund can be borrowed. As attested in last the couple months, billions of funds were borrowed to bet on the market one way or the other. Borrowing a billion do
by ww520 4y ago
Fund can be borrowed. As attested in last the couple months, billions of funds were borrowed to bet on the market one way or the other. Borrowing a billion dollars to subvert the network for a short duration sounds like a feasible strategy.
- stepanhruda 4y agoYou can’t borrow enough money and immediately take over the network. Those funds need to be staked first in validators with 32 ETH each and you need to control enough validators to control consensus. It’s more difficult than PoW in a way since you can’t just start validating, there is an entry/exit queue.
- lottin 4y agoThis isn't argument against PoS, because mining rigs can also be borrowed. Anything can be borrowed.