algorand is proof of stake and is still essentially centralized. they've created and gifted coins to themselves since the start (the early distribution was awfu

algorand is proof of stake and is still essentially centralized. they've created and gifted coins to themselves since the start (the early distribution was awful). imo PoS is only viable and "fair" if its bootstrapped by PoW. need to put something in to get something out, at least until there are a lot of stakeholders.