So if that's the case POS coins are no different to POW coins other than the fact that they aren't using anywhere near as much electricity.
In fact, doesn't this make POS coins basically a ponzi scheme?
Surely only the early stakers are going to make any money and as soon as the staking stops paying out the network will die a death?
I totally get POW, even when the block reward ends as there are transaction fees, but POS viability just doesn't seem to have been explained in a way that makes sense to me yet.
Even if POS coins were to continue paying out staking rewards from transaction fees this still wouldn't work as there is no way of knowing how much will be generated from TX fees so no way of being able to guarantee a staking reward to investors.
every crypto is rewarding early adopters, not just pos coin, it's the same for every single altcoin, who coem early have more chance to do a higher return for his/her investment, pos coin isworse than pow i agree, but if the reward is very small can contribute early to acquire more investors, i only like pos coin that have an active pow and don't switch to full pos
