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https://vitalik.ca/general/2020/11/06/pos2020.html

>For certain kinds of 51% attacks (particularly, reverting finalized blocks), there is a built-in "slashing" mechanism in the proof of stake consensus by which a large portion of the attacker's stake (and no one else's stake) can get automatically destroyed.



To be honest, even without the actual 51% attacks happening, it would really suck to live in a world where just one entity had more than half ownership of a currency used by the people.


>it would really suck to live in a world where just one entity had more than half ownership of a currency used by the people.

You mean, kinda like in the real world?

[1]:https://www.oxfam.org/en/press-releases/worlds-billionaires-...

[2]:https://www.oxfam.org/en/5-shocking-facts-about-extreme-glob...


Is it so hard to imagine that the US gov't does not want coinbase, gemini, etc to process payments from "terrorists" and block their transactions?




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