1

I couldn't understand if this tendermint protocol is proof-of-stake or something like proof-of-lock?

https://tendermint.com/static/docs/tendermint.pdf

  • 1
    What is proof-of-lock? Vlad Zamfir refers to Temdermint as "a security-deposit based proof-of-stake system". – Sergei Tikhomirov Aug 3 '17 at 12:14
  • @SergeiTikhomirov Since you have to deposit or "lock" your coins I thought maybe it is called something other than PoS. In Ethereum's PoS I think all coins are eligible for PoS, and there is no concept of "locking". Although I didn't research it thoroughly. – EralpB Aug 4 '17 at 13:07
1

Yes, it looks like Proof-of-Stake or at least something very similar, and suffers from similar issues, for example:

Note that this does not preclude a 2/3 majority of validators from publishing a blockchain fork after they had unbonded and sold their coins to an unsuspecting party. This is called a long-range double-spend attack. A user can avoid long-range attacks by syncing their blockchain periodically within the bounds of the unbonding period.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.