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>>The issue with PoS is that it just makes the rich richer, the more coin you already have, the more reward you'll get. You're neglecting the fact that everyon
by CryptoPunk 9y ago
>>The issue with PoS is that it just makes the rich richer, the more coin you already have, the more reward you'll get.
You're neglecting the fact that everyone can stake their ETH, whether they hold a bit or a lot.
The rate of return on all staked ETH is equal, so the rich don't see their total ETH grow faster than the poor. While it does grow in absolute terms, their holding stays the same size relative to the total ETH supply, which will grow at the same rate as their own holding.