CryptoQuikRead_332 – Proof of Stake, Private Keys Attacks & Unforgeable Costliness [Hugo Nguyen]

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!

For a deeper dive into unforgeable costliness, listen to the absolute essential read, by Nick Szabo, “Shelling Out, The Origins of Money.”—The-Origins-of-Money-Nick-Szabo-e2ndom

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