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by zodiac 3044 days ago
What's your proposal for a more egalitarian reward model for block producers (in any consensus model)?
2 comments

Proof of work, it requires continual investment if you want to get the rewards, not just sitting there watching the cash roll in.
How is that more egalitarian? It's still a conversion between capital and income.

It's like saying stocks that give dividends are more "egalitarian" because you have to reinvest them in order to gain the same return on investment.

Absurd.

Equal payment for the same work/processing power.
What does that concretely mean?