Re:.01% of Bitcoin holders hold 27% of all Bitcoin
by iownzerobtc on Saturday May 21, 2022 @06:55PM
(#31462889)
Similar to how PoW distributes rewards: those with the capital to purchase mining power will reap benefits.
This model unfortunately also exists in stock markets and most aspects of a capitalist society. Arguably PoS returns in crypto networks may be slightly more equitable long-term as it is not a permissioned and closed-door system (validator queues cannot discriminate based on class, race, credit score, region, and family for example).
This model unfortunately also exists in stock markets and most aspects of a capitalist society. Arguably PoS returns in crypto networks may be slightly more equitable long-term as it is not a permissioned and closed-door system (validator queues cannot discriminate based on class, race, credit score, region, and family for example).