<hunterxhunterlover:matrix.org> @spirobel:kernal.eu: What I don't understand about PoS is that its security relies on the external market value of its native coin. PoW security is more internal. We can safely assume that the cost of powering computers will remain significant for the foreseeable future. If that cost were to become extremely cheap, the wor [... too long, see mrelay.p2pool.observer/e/4uS1tsQKa2tOMWIy

<articmine> @spirobel:kernal.eu: POS has not solved the nothing at stake problem. The "solution" is use proof of collateral instead, and have algorithms punish misdeeds by validators via slashing of or part of the collateral.

<articmine> This is no different from the replacement of financial institution regulations, jurys and udges with an "AI" algorithm that acts as judge, jury and executioner

<hunterxhunterlover:matrix.org> @articmine: Don't listen to spirobel. He is either unhinged or a troll who thinks everyone works for the CIA

<hunterxhunterlover:matrix.org> I recommend blocking him when talking about serious Monero issues

<hunterxhunterlover:matrix.org> ArticMine, I've always respected your work. I recall your contributions to scaling on the Bitcoin forums from way back when, and I will never forget your bitcointalk signature illustrating how disk space scaled

<hunterxhunterlover:matrix.org> Don't waste your intelligence on people like spirobel

<hunterxhunterlover:matrix.org> Remember pirateat40?

<hunterxhunterlover:matrix.org> I remember the good old times. I was always there, but spirobel and the other trolls were not. PoW is the future, not PoS. Don't let the PoS shills ruin Monero by turning it into Solana

<articmine> @hunterxhunterlover:matrix.org: I do. He was my example of POS failure when in 2015 I came up with The Second Pirate Savings and Trust attack against POS.

<articmine> It is very simple POS cannot tell the difference between a beneficiary and a nominee.

<articmine> @hunterxhunterlover:matrix.org: I won't

<hunterxhunterlover:matrix.org> Thank you

<spirobel:kernal.eu> mrelay.p2pool.observer/m/kernal.eu/SldbHOoNoIUNLygzLCakLtwb.png (image.png)

<spirobel:kernal.eu> can we please ban @hunterxhunterlover:matrix.org

<spirobel:kernal.eu> overstepped the line many times

<longtermwhale:matrix.org> Maybe some of the guys in this chat should share with all of us where they buy the spoons of wisdom for breakfast

<spacekitty69420:matrix.org> drama O_O

^ and tried to start pointing out where spirobel lived/lives

<longtermwhale:matrix.org> any opinion from the ones that track the qubic stuff if lowering to 10 confirmations is reasonable again?

it didn't matter if it was 10 or 30 as it could be reversed for you regardless

they haven't selfish mined in a couple of weeks, however

you can see they also have dropped a bit on effective position/hashrate v

they still pull 1.3-1.4GH/s nowadays at peaks

there could also be hidden miners attempting to do the same, although unlikely

unless there's an active attack, 10 is fine, and unless they get very lucky on the first attempt you'd see them try a few times ahead of time