[markwkw]

Where could I educate myself on the vulnerabilities of PoS? It seems like for PoW, the vulnerability comes from variability of computing power of miners - if miners capacity dips for a few hours because of external events, attacker can use that opportunity and bring online a lot of resources to do a 51% attack.

Doesn't a PoS attack require 51% of coin ownership? How would an attacker obtain that without being massively rich to begin with?

[dmichulke]

A few are here: https://www.lynalden.com/proof-of-stake/

[ftlio]

There’s also the overall economic argument that Proof of Work is actually just the least obscure version of anything else: https://www.truthcoin.info/blog/pow-cheapest/

Overall I’d just argue that because PoS doesn’t involve external resources to create blocks, the cost of producing a block won’t be well understood and thus there will be opportunities for rent extraction - which we’re already seeing with Lido staking.

[dmichulke]

Great article, thanks!