Podcasts: CryptoQuikRead_332 - Proof of Stake, Private Keys Attacks & Unforgeable Costliness [Hugo Nguyen] 🔗 5 years ago
- Category: Podcasts | Bitcoin Audible
- Author(s): Guy Swann
- Published: 19th December 2019 23:23
Is there a single key factor in the difference between the assurances in PoS vs PoW? The knowledge and proof that there is a real world, inescapable cost to both producing the currency, & editing the chain history - unforgeable costliness. Learn about this, the private keys attacks that risk entire contesting histories in PoS systems, and to the nothing-at-stake problem. This and more in today's read!
Check out the original (hit that applause button) plus the other great pieces Hugo has on his Medium page! https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb
For a deeper dive into unforgeable costliness, listen to the absolute essential read, by Nick Szabo, "Shelling Out, The Origins of Money."
If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below! https://patreon.com/thecryptoconomy
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