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Is Proof of Stake a Rich get Richer Scheme?

The argument for why PoS doesn't lead to more wealth concentration over PoW
Is Proof of Stake a Rich get Richer Scheme?
Bankless Bankless
Dec 2, 2021 • 6 min read
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Dear Bankless Nation,

Proof of Work (PoW) relies on energy + ASICs to secure a blockchain network.

Proof of Stake (PoS) relies on tokenized ASICs….staked tokens.

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