Re:Blockchains: How They Work and Why They’ll Change the World
by brulez on Thursday October 05, 2017 @05:14PM
(#15412643)
It's not really clear to me how PoS is providing any security in Decred above that provided by the PoW.
If a single entity is able to get 51% of the hashrate why can't they effectively control which PoS tickets are selected?
Since the overall reward & transaction fees are distributed between both PoS & PoW, it seems to follow that at there will be fewer PoW miners resulting in less overall security vs. a pure PoW protocol.
If a single entity is able to get 51% of the hashrate why can't they effectively control which PoS tickets are selected?
Since the overall reward & transaction fees are distributed between both PoS & PoW, it seems to follow that at there will be fewer PoW miners resulting in less overall security vs. a pure PoW protocol.