If you prefer not to do due diligence that is your own choice.
There are quite a few search results not only in this section of the forum but also over in the development section.
The material in the development section is likely to be more technical, but as bitcoin itself does not use proof of stake much of the material that started there may well have been moved to here by now.
-MarkM-
Maybe you need some due diligence, altcoins are men't to see what can be improved, PoS is a work in progress, so LOL
Yes that is why I want to read their paper explaining what improvement it is that they made.
-MarkM-
dont let this guy fool you, start here and read please
https://en.bitcoin.it/wiki/Proof_of_StakeThat wiki page describes systems that are not actually in use in most (or maybe actually in any) coins.
For example ppcoin, and the coins cloned from it, does not use the signature block every 100 blocks that all the stakeholders sign, which is Meni's proposed method.
That page does not talk about ppcoin's method at all in fact.
Sunny King has always been very evasive whenever the problems in ppcoin are brought up, claiming to have put in fixes at times for example without indicating or revealing what they were or how he imagines they would work.
He was also proud of not having read any of the literature on proof of stake but having just made up ppcoin on his own out of the blue.
So basically just the standard scammer bullshit artist approach of "I don't give a shit whether it is secure, I am making money, fools are buying it, that is what is important not all the academic crap like whether it is or even could potentially be secure".
-MarkM-
