‘Fiat-Like’ Proof-of-Stake Chains Favor Centralization & Rich Players
Fiat-Like' Proof-of-Stake

‘Fiat-Like’ Proof-of-Stake Chains Favor Centralization & Rich Players

Source: Adobe/godlikeartIn crypto, consensus often results in controversy. Sure, consensus mechanisms themselves obviously result in agreement concerning transactions, yet when it comes to picking the ideal mechanism for a particular chain or cryptoasset, the crypto community as a whole is very often in disagreement. One of the most debated mechanisms now is proof-of-stake (PoS). While…