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Topic: To all those who say there is "nothing at stake" in proof of stake (Read 769 times)

rocoro
legendary
Activity: 938
Merit: 1000
To all those who say there is "nothing at stake" in proof of stake
December 13, 2014, 08:51:55 AM
#2
Quote
Then we could also say, while bitcoiners send Millions of coins to the miners somehow they could just take them ? Aren't they ?
This is just garbage talk with no deep knowledge about the protocol

You obviously don't understand the two generals problem and why sometimes when staking, you get "minted but not accepted" message.

Go back to your shitcoin.. how much is that worth now?  Next to nothing?
Tor sucks and you're probably some shithead from nsa watching exit nodes.
rocoro
legendary
Activity: 938
Merit: 1000
Re: To all those who say there is "nothing at stake" in proof of stake
December 13, 2014, 08:14:03 AM
#1
I really don't understand people who say there is nothing at stake.

The network is basically borrowing your coins to do transactions,  therefore your coins are at stake.

There is a small risk there involved where something could happen and you don't get your interest on the stake.
(also the 2 generals problem)

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