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There are lots of participants in the global economy who has money. The idea is that you have enough different people with competing incentives. PoW provides in
by pinkybanana 5y ago
There are lots of participants in the global economy who has money. The idea is that you have enough different people with competing incentives. PoW provides incentive model which separates different actors (pools, exchanges etc) and also at the same time doesn't seem to lead to monopolies.