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If most of the miners collude like that than ETH will lose most of its value. The game theoretic aspect of PoS is an important part of its overall security.
by howinteresting 4y ago
If most of the miners collude like that than ETH will lose most of its value. The game theoretic aspect of PoS is an important part of its overall security.
- AlexandrB 4y agoThis is only true if ETH remains a niche security and not a widespread currency. A large population won't drop a commonly used currency because of ideological concerns like miner collusion. Indeed, they'll have massive incentive to keep using it since their saving may be denominated in it.