X @Andy

Economic Security Myths Debunked - Delegation with slashing incentivizes careful operator selection, contrary to the belief that delegation negates security [1] - Relying solely on forking for security is impractical due to the time required, necessitating economic security for pre-fork finality [2] - Economic security can be automated through a market where users directly purchase security, addressing the issue of burnt slashed funds [3] - Economic security's failure to protect against liveness attacks stems from chain design flaws, not inherent limitations [4] Proof of Stake (PoS) vs Proof of Work (PoW) - Incentivizing stake is crucial, as committees alone resemble less secure systems like Libra [5] - While current PoS reward curves are arbitrary, market-driven security pricing can emerge through mechanisms like Stakesure [6] - PoW is essentially staking via mining devices, but PoS allows for burning or redistributing misbehaving miners' stake [7] Building Secure Chains - Security pricing is essential for resource provisioning and overall chain security [8] - Understanding economic security is crucial for building self-enforcing chains, contrasting with less robust committee chains [7]