4 ms·
> This counterbalances the effect of wealth centralization Yes, this ensures a limited supply with PoW, right? > If you try to remove real-world costs from th
by eterps 4y ago
> This counterbalances the effect of wealth centralization
Yes, this ensures a limited supply with PoW, right?
> If you try to remove real-world costs from that equation, you lose the counterbalancing effect.
I assume you can't remove real-world costs in the case of PoS, but yes I can see how the real-world costs will be much, much lower.
Are you saying that there is a good reason to keep those real-world costs higher? (pardon my ignorance, I haven't looked into the principle you describe here before).