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Only for the largest account holders, whom statistically will receive most of the newly generated money (and even more as they continue to accumulate newly prin
by nosuchthing 9y ago
Only for the largest account holders, whom statistically will receive most of the newly generated money (and even more as they continue to accumulate newly printed PoS tokens).
- twiceaday 9y agoPoW distributes block rewards proportionally to hash power and these proceeds can be used to buy more hash power to achieve a compounding effect. From what I understand all of the viable PoS systems offer a fixed rate of return on the stake. This is like PoW forcing everybody to use the exact same hardware; a benefit to the little guy at the expense of the large account holders.
- aoeusnth1 9y agoI'm confused - what's your objection? Should capital put into PoS not provide a constant reward? Or are you under the impression that larger pools of capital provide disproportionate rewards?