https://warosu.org/biz/thread/59617632
The threat of a 51% attack(opens in a new tab) still exists on proof-of-stake as it does on proof-of-work, but it's even riskier for the attackers. An attacker would need 51% of the staked ETH.------------Vitalik and foundation own more than 51%Etherium is just a Putin`s payment system at this moment------------https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/
To revert a finalized block, an attacker would commit to losing at least one-third of the total supply of staked ETH. The exact reason for this is explained in this Ethereum Foundation blog post(opens in a new tab). Since finality requires a two-thirds majority, an attacker could prevent the network from reaching finality by voting with one-third of the total stake. There is a mechanism to defend against this: the inactivity leak(opens in a new tab). This activates whenever the chain fails to finalize for more than four epochs. The inactivity leak bleeds away the staked ETH from validators voting against the majority, allowing the majority to regain a two-thirds majority and finalize the chain.-----------------------so any ETH can be expropriated by the only 51%+ validator who is Vitalik_and_foundation-----------https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/
>>61178553Proof of stake is based around node centric topology not money centric nigger so you’d need to conglomerize the node count not the supply of wealth People hate POS because it makes the rich richer Problems with side chains is nothing is all settled on one chain which is the holy grail of indexing data and money
>>61179993
>>61179993>>61180157https://warosu.org/biz/thread/59617632Vitalik can do anything he want- block transactions, force update nodes, erase/print ETH