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22 October 2019

PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin

PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin


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PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin.

After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated.

He specifically noted that — after the transition to PoS — higher cost of a potential attack would make Ethereum the safer network of the two.

The more Ether staked, the higher are the probabilities that they would end up validating a block.

According to Buterin, a successful attack on the network will need multiple malicious blocks to be validated, which in turn would require an enormous Ether stake that could be slashed if someone were to successfully challenge the transaction

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