I don't understand this at all. Is it supposed to be funny? Is an attempt at trolling?
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It fails at its purpose if that's the case, cause it is genuinely confusing. But from looking at your past history it seems you think it would be relatively easy to pull of a 51% attack on a PoS coin. If that's the case why not try an intelligent discussion?
A PoS coin is susceptible to an attack, just like PoW. However, the means of performing the attack would be much simpler. The main weakness comes from most coin holders do not (and will probably never) stake their coins in the long run.
If there are 100 coins in circulation(for example) and only 4 coins staked, that would only require 5 staked coins to perform an attack. That is how a PoS attack would be performed, having over 51% of the staked coins.
Meanwhile, PoW requires 51% of the network hash. This makes it much more impractical to destroy a coin. Neither attacks have been successfully performed to destroy a coin, but PoS attacks would be much easier.
Any coin is vulnerable to an attack.. Just like any Bank can be heisted. Just takes the right person or group to perform the attack. Never say Never. So I agree with you 100% on this.
Yes, but I am trying to emphasize how much easier it is for PoS coins. There is not enough incentive, at the moment, for coin holders to stake their coins.
but "much easier" is relative. That could still be incredibly difficult in a wider frame and is almost impossible to measure.
I think what is starting to change is *that* is the incentive in itself...you stake to protect your investment. It's why I do. I mean say, for example, why would someone put money in a savings account instead of in a drawer in an apartment? Interest is fractions of a percent. I just want to keep my money 'safe' from say a fire or a robber or other 'attacks'.
You are comparing your incentive to stake coins towards everyone else's and, even worse, the issues with FIAT money. I have no fear of a robber or fire resulting in loss of my coins.
Most holders are constantly switching their coins around while trying to catch the next train.
That's kind of my point though too. You can't compare incentives for everyone invested in a given coin (when you said it's easier for a pos). In what frame? By how much? I know a handful of folks in the top 100 who don't day trade and switch their coins around in terms of blackcoin. We all stake. Without you knowing who I know, and without me knowing who you know (or were using in an example when you said "most holders"), you are just taking a stab at the assumption on incentives to different people and what matters to each one personally. I'm not saying it's not a potential problem, an attack can happen on any coin, absolutely, but I am just talking about the idea that staking IS an incentive to some to protect their coins has been growing. I do think it should continue to be pushed and explain to new investors too in order to continue emphasizing the importance of not just say getting a 1% roi, but also protecting from an attack.
And to me it is comparable to fiat. They both are something you want to protect because they are worth something. You might not be worried about a robber, but people are. Including me. I have no cash stored anywhere, it's all in a bank to protect my investments. If I need cash I make the extra effort to go to an ATM and take what I need. I'm protecting my cash in a bank and I'm protecting my blackcoins by staking in my wallet.