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Security-wise they haven't been really tested yet, but Ethereum moving to a PoS model will be a good case. The only reason they are accepted at the moment is t
by kbody 7y ago
Security-wise they haven't been really tested yet, but Ethereum moving to a PoS model will be a good case.
The only reason they are accepted at the moment is that it's free money, especially for the initial coin holders(founders/friend investors etc.).
For some reason people now accept fully pre-distributed coins. At least Ethereum went through a PoW phase to allow for some non-ICO distribution.