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Nothing Considered: A look at Nothing at Stake Vulnerability for Cryptocurrencies

presstab, Core Developer, Blockchain Energy

Abstract — Nothing at stake is a routine argument launched against any and all Proof of Stake proof systems. Although the argument has some interesting components to it, it is should be seen as something of very little concern for a Proof of Stake based cryptocurrency. A wide distribution of staking power as well as a wide distribution of honest nodes will easily prevent any line of attack from the nothing at stake scenario.

1 INTRODUCTION

Nothing at stake is a routine argument launched against any and all Proof of Stake proof systems. Although the ar­gument has some interesting components to it, it is should be seen as something of very little concern for a Proof of Stake based cryptocurrency. …


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