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Impleum’s Proof-of-Stake 3.0 have solved the issues faced with Coin-Age, Block Reward and Blockchain Precomputation. It will be available from the 215 001 block. All Impleum blockchain users need to update their wallets as soon as possible! We removed Coinage from the equation – “proofhash < coins · target”. The stake modifier is changed at […]
Abstract The current Proof of Stake protocol has several potential security issues: coin age can be abused by malicious nodes to gain significant network weight to perform a successful double spend. Additionally, due to coin age, honest nodes can abuse the system by staking only on a periodical basis. This does not secure the network. […]