CarlBMenger on Nostr: Proof of work (PoW) is inherently distributive. Coin holders don’t receive any ...

Proof of work (PoW) is inherently distributive. Coin holders don’t receive any coins simply for having coins. You can either earn new coins through exchange or expend energy to mine them.

Proof of stake (PoS) is inherently concentrating. Large coin holders receive new coins in proportion to coins they hold. They earn yield by staking their coins and increase their stack indefinitely and exponentially without no further expanses.

This is why large corporations love Proof of stake bc they can easily control it. This is why proof of work matters. This is why we #Bitcoin  and not #Shitcoin.