Re:Ethereum 2.0 launches
by woah on Tuesday December 01, 2020 @03:38PM
(#25269565)
This is completely untrue and has been since 2014. The solution is that validators are "slashed" and lose their tokens if they have been found to sign two blocks at the same height.
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What has happened in 2014? Is that a time when brain-washing campaign in crypto-media has been started? "Slashing" is not a solution to this problem.
Vitalik Buterin came up with a solution for the nothing-at-stake problem: https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proo...
Also, I'm not sure why you and the other commenter are so argumentative about this. There are several PoS networks out there such as Cosmos, Tezos, etc, holding more than a billion dollars. If there was an issue, someone would have hacked them by now.
> Vitalik Buterin came up with a solution for the nothing-at-stake problem
Is that a link to an article from a peer reviewed academic journal?
> There are several PoS networks out there such as Cosmos, Tezos, etc, holding more than a billion dollars. If there was an issue, someone would have hacked them by now.
I'll give you a hint: "slashing" is not a thing that sustains security of these networks.
Re:Ethereum 2.0 launches
by literallycancer on Wednesday December 02, 2020 @06:22AM
(#25275398)
Where did he claim it was a peer reviewed journal?