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Re:Blockchain Is Not Decentralised by ertian on Wednesday May 05, 2021 @03:53PM (#27054843)
This is an advantage of proof-of-stake: in order to 'mine', you only have to own some of the coin. It's still not one vote per citizen, but it's much closer to it--and it's more stable, since people holding large amounts of the coin are motivated to ensure it's stability and security.
Re:Blockchain Is Not Decentralised by jayd16 on Wednesday May 05, 2021 @05:37PM (#27056128)
Is proof of stake a plutocracy by definition or is there some other democratizing factor?