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by Paradigma11
1894 days ago
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The staking rewards for block generation are inflationary. So you are penalized by not staking and it does not matter how long how stake your tokens your share of the blockchain does not increase. You also have to pay taxes for staking rewards in most countries so you have to sell at least that much. In the context of a bc with smart contracts you are basically owning and operating a share of a cloud for financial services. Those customers pay fees which get distributed with the staking rewards. This does sound a lot saner to me than having some cabals operating giant computer farms and hydroelectric dams to generate new blocks. Their interests are different than those of token holders and having to pay for all those gpus and electricity is just stupid. What mathematical properties are you losing? |
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