id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
blog-ethereum-org-6559		On Stake | Ethereum Foundation Blog			.html	text/html	5006	231	67	In proof of work, assuming a liquid market for computing power the cost of launching a 51% attack is equal to the cost of the computing power of the network over the course of two hours an amount that, by standard economic principles, is roughly equal to the total sum of block rewards and transaction fees provided in two hours. The reason why it works is that Slasher's process for punishing multi-mining only lasts for 1000 blocks, and its process for determining new miners lasts 3000 blocks, so outside the "scope" of that range Slasher functions exactly like the naive proof-of-stake coin. When a new user downloads a proof-of-stake-coin client for the first time, it will see multiple versions of the blockchain: the longest, and therefore legitimate, fork, and many pretenders trying to mine their own chains from the genesis.	./cache/blog-ethereum-org-6559.html	./txt/blog-ethereum-org-6559.txt