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Like proof of stake, which seems to just codify the bad parts of capitalism? > Critics have argued that the proof of stake will likely lead cryptocurrency bloc
by c-hendricks 3y ago
Like proof of stake, which seems to just codify the bad parts of capitalism?
> Critics have argued that the proof of stake will likely lead cryptocurrency blockchains being more centralized in comparison to proof of work as the system favors users who have a large amount of cryptocurrency, which in turn could lead to users who have a large amount of cryptocurrency having major influence on the management and direction for a crypto blockchain
https://en.wikipedia.org/wiki/Proof_of_stake#Centralization https://en.wikipedia.org/wiki/Proof_of_stake#Centralization