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Rebutting the “Wealthy Are Getting Richer” critique typically leveled at Proof Of Stake : ethereum

hassibullahsaifi by hassibullahsaifi
August 25, 2021
in Ethereum News
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tldr; A standard critique of Proof of Stake consensus algorithms is that “the wealthy get richer”, which roughly interprets as “economies of scale favor rich incumbents over much less resourced ones”. Bigger individuals are in a position to put in additional capital into their operations, rising their total share of the safety system, and drive extra rewards to themselves.

This abstract is auto generated by a bot and never meant to switch studying the unique article. As at all times, DYOR.

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