Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
yashg
on Aug 11, 2022
|
parent
|
context
|
favorite
| on:
There aren't that many uses for blockchains
https://antsstyle.medium.com/explanation-of-blockchain-conse...
whatisweb3
on Aug 12, 2022
[–]
This is an extremely poorly researched article. If somebody were to spend a dozen billion dollars to gain 51% control of Eth PoS, the users could coordinate to ignore their chain, or even burn their stake and destroy their purchased funds.
You can read about the economics of it here:
https://vitalik.ca/general/2020/11/06/pos2020.html
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: