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Title: Proof-of-Stake and the rich class Post by: deuther on September 26, 2017, 08:25:19 AM Will the switch to Proof-of-Stake change something regarding the World's economy? Or it is just the same old "good" mechanism: the "rich" who possesses many goods will just get more and more of it, hence more power over the rest of ppl...
Title: Re: Proof-of-Stake and the rich class Post by: Minor Miner on September 26, 2017, 12:24:06 PM I suppose the main mechanism is the same. Bitcoin and cryptocurrencies (including PoS) as well were not designed to solve this kind of problems. Moreover, regarding your question PoW is just the same - rich class can affor mining rigs to produce coins as well. Isn't it?
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