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What Is the Main Security Risk Associated with PoS?

One of the main security risks is the "nothing-at-stake" problem, which means validators can vote on multiple chain histories at no cost, potentially leading to chain splits. Another risk is the concentration of stake, where a few large holders could gain disproportionate control.

However, modern PoS designs mitigate the former with slashing and the latter with delegation mechanisms.

What Is the “Nothing at Stake” Problem in Proof of Stake?
What Are the Centralization Risks Associated with Staking Pools in PoS Systems?
What Is the “Nothing at Stake” Problem Unique to Some Early PoS Designs?
What Are the Risks Associated with the Concentration of the Stablecoin Market in a Few Issuers like Tether (USDT)?