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> Voting on both automatically destroys their stake. Genuine question: how does that work? How does ETH mainnet know that my validator is also voting on a diff
by netheril96 4y ago
> Voting on both automatically destroys their stake.
Genuine question: how does that work? How does ETH mainnet know that my validator is also voting on a different chain?
- NhanH 4y agoThere is a special type of node called slasher that can submit proof of your voting on a different chain (your vote is signed by you, so it could be verify that you sign something not on the current chain), then you lose your stake on the chain. Supposedly both chain should have their own slasher nodes, so eventually you will lose your stake on both chains. Don't cite me on the details, but that is the idea
- AustinDev 4y agoBut after the fork I move my coins to a new address. How do they know then? Assume I could have obfuscated the move through the many means availible.
- NhanH 4y agoYour stake is locked for a non trivial amount of time. Right now you can't even get them out, in the future after withdrawing stake is implemented, the locked out time is something like 12 months or more (I think).
- AustinDev 4y agoYou're correct which is why I don't stake on ETH. Until the powers that be decided on the rules I won't participate. Until then most of my coins are in PoW.
- theK 4y agoWhy not Cardano then? The PoS consensus there is completely liquid.
- stickfigure 4y agoIn a hard fork, all rules can be changed.
- DennisP 4y agoThat's equally true for PoW. Get 51% to make the change and your altered chain will even have the most accumulated difficulty.