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Ah PoS, the "Rich get richer" algorithm. Ethereum's PoS implementation requires lock up of balances in stake accounts, so it removes any incentive to do transa
by ActsJuvenile 9y ago
Ah PoS, the "Rich get richer" algorithm.
Ethereum's PoS implementation requires lock up of balances in stake accounts, so it removes any incentive to do transactions.
I believe that ETH PoS will calcify the economic strata, kill all transaction volume, and have the opposite of network effect.