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Ethereum Opinion

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?

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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Bankless

2848 posts

It’s time to break up with your bank, and join the movement for a better world.

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