Nothing-At-Stake, Long Range Attacks & Dynamic Availability
Nothing At Stake The principal of a Nothing-At-Stake issue with Proof-Of-Stake blockchains is that validator risks nothing when creating blocks on a different chain. This can be illustrated by considering a fork into chain A and B. As a block producer (validator) gets rewarded for producing blocks, with the aforementioned fork the validator can choose to work on (1) only…
Casper vs Cardano
As Cardano is ranked #4 in terms of market capitalization (~$70bn), by far the largest PoS network, we shall try to understand the reason for this valuation. We shall be inspecting both the protocol and adoption strategy and conclude why we believe Casper is stronger both in terms of longer term fundamentals, but also short term relative value. As we…