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Should we be afraid of Fake Stake attacks?

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Should we be Afraid of Fake Stake Attacks?

Some time ago a notion of Fake Stake attacks appeared in the crypto community, freaking out some of the Proof-of-Stake-related members. In this article, we will try to break down the basics of this threat and explain it in detail. Majority of the networks have already deployed mitigations and worked hard on eliminating the attack possibility.

Proof-of-Stake cryptocurrencies are there to make sure decentralisation takes place. The main idea is giving each member a chance of mining the next block. Usually, the right to mine is derived from the number of coins a ...

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