1/ Nice to see more in-depth articles investigating the extremely important role randomness plays in blockchains
h/t @aparnalocked
However, IMO this analysis of randomness is incomplete
https://www.tokendaily.co/blog/randomness-in-blockchains …
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Have you heard of slashing PoS schemes? In those cases the Stake is definitely sunk.
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Not really
not against long-range attacks. With PoW the cost of mining is upfront, requires commitment, and non-negotiable under any condition. PoS, not so much. Slashing is only "sunk"/real as long as nodes manage to stay online all the time for eternity. -
Cost of being slashed: after the fact & only realized under certain conditions. Cost of mining: before the fact & always realized, 100%.
End of conversation
New conversation -
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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