Proof of stake is pretty much what people wanted to get away from in regards to traditional currencies where the rich (and their banks) control the currency in an oligopoly.
Ahh ok that’s interesting. BTC is proof of work and is demonstrating today how it can become monopolized, see the mining groups in China. so only the da big boys get the next chain reward. Proof of stake at least you are rewarded proportional to what you put in.
Proof of stake is pretty much what people wanted to get away from in regards to traditional currencies where the rich (and their banks) control the currency in an oligopoly.
Ahh ok that’s interesting. BTC is proof of work and is demonstrating today how it can become monopolized, see the mining groups in China. so only the da big boys get the next chain reward. Proof of stake at least you are rewarded proportional to what you put in.
You are talking about staking in pools, absolutely same with mining in pools, you will get proportional reward.