News for hackers. Stuff that matters.

A comment on .01% of Bitcoin holders hold 27% of all Bitcoin. Parent comment

Re:.01% of Bitcoin holders hold 27% of all Bitcoin by xigoi on Saturday May 21, 2022 @03:00PM (#31460759)
Last time I checked a big PoS currency, you needed a very large amount of it to even be allowed to stake.
[ Parent | on HN ]
Re:.01% of Bitcoin holders hold 27% of all Bitcoin by meowkit on Saturday May 21, 2022 @03:16PM (#31460888)
To stake your own node, and run your own hardware, you need 32 ETH.

If you don't have that, you can pool your ETH the same way you can pool compute for PoW.

e.g. https://rocketpool.net/

[ Parent | on HN ]
Re:.01% of Bitcoin holders hold 27% of all Bitcoin by FabHK on Saturday May 21, 2022 @03:12PM (#31460856)
Oh, that changes the analysis then... those above the threshold would steadily gain over those below. Hmmm, a bit like the real world.
[ Parent | on HN ]