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So the 60 early contributors now get 12.5% of all network fees, forever? (if they "stake")?
by nope96 9y ago
So the 60 early contributors now get 12.5% of all network fees, forever? (if they "stake")?
- DalasNoin 9y agoI assume they sold some of it by now. But I see your point, does pos make the rich richer? Rich people can stake almost all their ether. since you can't move your ether for a long period of time after you stake it, staking is impractical for many. The first version of Casper will also include a minimum of ether to stake, though there are pools and they want too lower it over time.
- whiskers08xmt 9y agoCapital begets capital. The choice of consensus algorithm doesn't matter, as long as the system follows some kind of capitalistic economic model.