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Nothing-at-Stake problem
Like Proof-of-Work (PoW), Proof-of-Stake offers validators a monetary reward for updating the blockchain. However, it does not impose a monetary cost, such as that incurred from solving PoW problems. Hence, the Nothing-at-Stake problem, detractors assert, implies that validators will always update the ledger, even if it unnecessarily perpetuates disagreement.
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Updated 2021-11-10
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Cryptoeconomics
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