Thomas Jeegers on Nostr: Proof-of-stake (#PoS) makes the rich richer. In that sense, fiat currencies also have ...
Proof-of-stake (#PoS) makes the rich richer. In that sense, fiat currencies also have a PoS structure.
Proof-of-work (#PoW) make those who put the effort in richer.
Only one of the two can be sustainable over the long run. The other is doomed to fail.
Published at
2023-04-25 18:49:02Event JSON
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"content": "Proof-of-stake (#PoS) makes the rich richer. In that sense, fiat currencies also have a PoS structure. \nProof-of-work (#PoW) make those who put the effort in richer. \nOnly one of the two can be sustainable over the long run. The other is doomed to fail.",
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