Proof of Stake...

David Vorick david.vorick at
Thu Feb 6 20:27:19 PST 2014

>From what I can tell, it does not.

The problem is that there's nothing preventing hosts from mining on forks
simultaneously. In bitcoin, if you mine on forks simultaneously you'll be
working with different headers and wasting hashes. In POS, you have nothing
to lose from mining forks, and then picking the fork that benefits you the

Some bitcoin devs have called it the nothing-at-stake problem.

On Thu, Feb 6, 2014 at 9:44 PM, Juan Garofalo <juan.g71 at> wrote:

>         ...does it work?
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