3 ms·
PoS is an adequate (although very complicated) consensus algorithm. But it's not a (fair) coin distribution method. It just lets everyone keep their share of th
by tromp 4y ago
PoS is an adequate (although very complicated) consensus algorithm. But it's not a (fair) coin distribution method. It just lets everyone keep their share of the pie.
Coins that start without PoW have one entity holding 100% of supply that other people need to buy from them, leading to terrible wealth concentration.