3 ms·
In full PoS in the model I described you'd need social consensus to determine the allocations in the genesis block. In PoW you need social consensus on the gene
by zodiac 8y ago
In full PoS in the model I described you'd need social consensus to determine the allocations in the genesis block. In PoW you need social consensus on the genesis block as well - the PoW algorithm, the initial difficulty and block reward, the difficulty adjustment algorithm, the block reward schedule