4 ms·
Excuse my ignorance but how are the PoS rich getting richer different than the PoW rich getting richer? Aren't the payouts proportional to the investment for bo
by moneybadger 8y ago
Excuse my ignorance but how are the PoS rich getting richer different than the PoW rich getting richer? Aren't the payouts proportional to the investment for both schemes? And can't Delegated PoS more or less eliminate 51% attacks for PoS?
- tuesdayrain 8y agoThe rich get richer either way, but PoW is more biased towards the rich because poor people will lose money mining due to electricity costs. That might not be the case with a staking pool.