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What does it mean by my weight and the network weight in POS ?

-Thanks.

  • Do you have a link where you saw those terms? – eth Jun 29 '16 at 6:24
  • I saw in some POS coin wallet which was minting – Thunder Wind Jun 29 '16 at 6:35
  • you mean it's not Ethereum related? Dangerous thing here in the StEx ;-) – Roland Kofler Jun 29 '16 at 7:41
  • when ether would start to go POS, then it will be, wouldn't it ? – Thunder Wind Jun 29 '16 at 7:50
  • It depends how the PoS is implemented. It's possible Ethereum's PoS would be implemented completely differently to whatever system you were looking at. "I saw in some POS coin wallet which was minting" - what wallet, and what network? – Richard Horrocks Jul 9 '16 at 8:07
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The Whitepaper - in its History section - explains that in the current Proof of Work system:

...the weight of a single node in the consensus voting process is directly proportional to the computing power that the node brings.

In which case, the "network weight" would be the total hashing power of the network.


It then goes on to explain the same for the proposed Proof of Stake consensus mechanism:

...an alternative approach has been proposed called proof of stake, calculating the weight of a node as being proportional to its currency holdings and not its computational resources.

Again, in this case we can extrapolate the meaning of "network weight" to be the combined total currency held by all bonded validator nodes.

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