Re:On the Instability of Bitcoin Without the Block Reward [pdf]
by DennisP on Wednesday March 03, 2021 @08:28PM
(#26337429)
Malicious stakers could not reverse transactions without losing their stake. It's as if a 51% attacker in PoW got their mining rig burned down.
Malicious stakers could indefinitely conduct a censorship attack. To address this, the PoS equivalent of changing the hash function would be to fork the chain and leave out the attackers' stake.
Malicious stakers could indefinitely conduct a censorship attack. To address this, the PoS equivalent of changing the hash function would be to fork the chain and leave out the attackers' stake.