It's interesting to contrast these two observations: > The most popular blockchains use a protocol called “proof of work”, which requires vast amounts of compu

It's interesting to contrast these two observations: > The most popular blockchains use a protocol called “proof of work”, which requires vast amounts of computation (and thus electricity) to operate at scale. > One popular way of making money through cryptocurrency is to start a new currency, while retaining a large chunk of it for yourself. when the only way for coin creators to avoid retaining large chunks for themselves is to distribute it fairly through proof-of-work (most still end up concentrating wealth by issuing the majority of coins in the first few years, but a never changing block subsidy would avoid that).