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Author Topic: Proof-of-Stake and the rich class  (Read 259 times)
deuther (OP)
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September 26, 2017, 08:25:19 AM
 #1

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...
Minor Miner
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September 26, 2017, 12:24:06 PM
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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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