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> A PoW miner has to spend to cover their costs, a staker doesn't have any cost to cover, providing a cryptographic signature requires no energy on an ongoing b
by Slartie 5y ago
> A PoW miner has to spend to cover their costs, a staker doesn't have any cost to cover, providing a cryptographic signature requires no energy on an ongoing basis, just an initial investment.
And that is great news for crypto holders, cause that means PoS rewards can be way smaller than PoW rewards, which means less devaluation of existing coins and lower transaction fees!
- rawtxapp 5y agoIt's good news for current holders with large holdings, it's bad news for new people coming into the system which is why I said it makes it exclusionary over time.