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by anchpop
1584 days ago
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I haven't read the blog entry, but the logic here doesn't make sense to me. If everyone gets a 5% return on their stake, the gini coefficient doesn't change at all. Probably small holders never stak and so never get any return, but these people were never going to run nodes anyway so I don't know if it matters. Furthermore, let's say it costs $1000 to set up a PoW mining rig, compared to $1000 to buying a stake big enough to let you validate. I'm not sure it makes such a big difference in either case. |
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Transaction fees slightly tip the balance from transactors to hodlers.
> let's say it costs $1000 to set up a PoW mining rig
Setting it up does nothing. You have to pay the ongoing electricity bill, which most miners do by selling a substantial fraction of their mined coins.