It will cost you nothing to "kill" a Proof-of-Stake crypto-currency

It is a widely spread belief that crypto-currencies implementing a proof of stake transaction validation system are less vulnerable to a 51% attack than crypto-currencies implementing a proof of work transaction validation system. In this article, we show that it is not the case and that, in fact, if the attacker’s motivation is large enough (and this is common knowledge), he will succeed in his attack at no cost.

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Year of publication:	2014
Authors:	Houy, Nicolas
Institutions:	Groupe d'Analyse et de Théorie Économique Lyon St-Étienne (GATE Lyon St-Étienne), Faculté de Sciences Économiques et de Gestion
Subject:	Bitcoin \| protocol \| proof of work \| proof of stake \| 51% attack

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 1404
Classification:	G23 - Pension Funds; Other Private Financial Institutions ; Z00 - Other Special Topics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010858009