@hyc @voxel also #PoS inherently rewards rich users and concentrates power even more than the nature of #PoW would, as running a #Monero #node or #miner doesn't require expensive custom #ASIC|s that are going to become manufactured #eWaste down the line and can't be repurposed for anything but being the noisiest and most expesive space heaters!
https://infosec.space/@kkarhan/114638656071829798
- Or to put it into perspective: PoS implementations like #Ethereum only rewarded already abdurdly rich capital holders and wiped everyone else out due to every PoS mechanism demanding a minimum of staked coins AND even if it didn't all of them inherently reward staking more with a higher "rent" / "reward"!
Case in point: There are only ugly and filthy solutions to that problem and Monero chose the "least worst" they could: Shure it still has problems but those are at least fully known, understood and working as in 'communities can outnumber single rich entities'...