RE: Proof of Work vs Proof of Stake (Ethereum) - Explained for Beginners

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Proof of Work vs Proof of Stake (Ethereum) - Explained for Beginners

in cryptocurrency •  8 years ago 

Proof of stake sounds to me, that a few rich (have a lot of coins) will be in charge of the network and produce new coins. Is that not the same as the fiat system we have today basically, that cryptocurrecy was going to help us get away from?

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8 years ago by

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