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A comment on Proof-of-Stake is better than Proof-of-Work; the Merge won’t fix other problems. Parent comment

Re:Proof-of-Stake is better than Proof-of-Work; the Merge wo... by eterps on Saturday August 20, 2022 @09:15AM (#32531848)
> fails to acknowledge the fact that PoS is just putting the Eth supply in the hands of the rich

https://mobile.twitter.com/ercwl/status/1555719147941683200

[ Parent | on HN ]
Re:Proof-of-Stake is better than Proof-of-Work; the Merge wo... by blueprint on Saturday August 20, 2022 @09:31AM (#32531934)
The issue is not the fact that proof of work is more centralized, the issue is the fact that proof of stake is truly breakable by taking out a small loan
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Re:Proof-of-Stake is better than Proof-of-Work; the Merge wo... by landemva on Saturday August 20, 2022 @12:25PM (#32533194)
You have a few more weeks to plan your attack. Let's see it.

Regardless of small or big loan, it will be slashed. On PoW chain you would still have the mining hardware to run the attack again.

[ Parent | on HN ]
Re:Proof-of-Stake is better than Proof-of-Work; the Merge wo... by blueprint on Saturday August 20, 2022 @12:36PM (#32533287)
what do you mean by slashed?

having hardware is not the thing that allows you to attack a PoW network. especially if it's one of the ones that anyone actually puts any stock in the network security of.

bitcoin's network security is a joke (although certainly better than PoS), so hopefully we're on the same page about that as well?

[ Parent | on HN ]