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Large stakers in PoS don't necessarily have more power over governance than large miners in PoW. Some PoS chains have on-chain governance that give special voti

Large stakers in PoS don't necessarily have more power over governance than large miners in PoW. Some PoS chains have on-chain governance that give special voting power to stakers, but Ethereum's PoS chain for example does not.

atweiden 4y ago
Just to make sure I understand correctly, Eth2 stakers have no “voting” power, but are relied upon in a core capacity to ensure the continued functioning of the network? Something about this explanation seems incomplete.
- DennisP 4y ago
  Yes, that's exactly it. That's also how miners work in PoW. In both cases, they get paid for what they do.
  - atweiden 4y ago
    Miners hold enormous political power in Bitcoin. Users and developers are dependent on miners to create blocks. The negotiating power of miners is self-evident.