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RE: Crypto's Achilles Heel 51% Double-Spending Attack Possible on Some Blockchains, Like BTG

in #cryptocurrency7 years ago (edited)

In pos you have to stake coins to be able to vote on a transaction. If you intentionally try to harm system by voting malicious transactions, you risk losing some or all your stake. Plus it doesn't require mining hardware. If you have coins, you can run a node from your phone.

Updated previous comment to be more clear