Do the rich get richer? PoS vs PoW

in bitcoin •  8 years ago 

Some have made the argument that Proof of Stake systems favor the rich and allow the rich to get richer.  This argument is flawed and may even make PoS systems look better.  I discuss the initial argument and talk about why PoS is actually the better system in this regard.


bitcoin pow pos stake blockchain
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    4 votes
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!