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Ethereum POS is already running on a test net, you're welcome to go over there and see what happens when you try to use your stake on "many forks at the same time". Spoiler: you won't be able to do so without losing your stake very quickly.



Well not quite. The test net is actually a hybrid of proof of work and proof of stake [1]. Proof of work is used as the main decider in the case of a fork, however if long forks are seen then checkpoints validated by proof of stake are used.

The slashing function is in the contract [2] but there is actually no incentive to duplicate votes on the testnet since there is only rewards for voting (block rewards are given to proof of work miners).

[1] https://github.com/ethereum/casper/blob/master/IMPLEMENTATIO...

[2] https://github.com/ethereum/casper/blob/master/casper/contra...


Don't totally follow your argument, but if you're saying that we won't have a full understanding of the POS economic guarantees until we have empirical evidence from a "live network" with significant rewards at stake I agree 100%.


If PoS fails, it will fail as a black swan event, after the system became "too big to fail", not at the level of mere testnet.




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