Hacker News new | ask | show | jobs
by turbinerneiter 1801 days ago
What's stops the rich to validate fake transactions from all wallets below 32eth to their own wallets?

Why does this 32eth min exist?

2 comments

Fake transactions take more than a 50% attack to execute. Because the transactions simply do not come with the required signatures.

For rolling back transactions, a 50% attack actually convinces the remaining honest nodes. For invalid transactions, even if you have 90% of the network, the remaining 10% of honest nodes will not follow the wrong chain.

This means anyone could detect this happening. At which point faith in eth will plummet, and so will prizes.

If the validator starts reporting false results, it will get "slashed" by the network, and the validator will lose some of that 32 ETH.