Comment

Comment by casi

That isn’t how it works.

There isn’t a cap on validators so you can’t buy up a fixed percentage of the network. More people can always join. You will be diluted over time unless you choose to reinvest(same as mining).

As we reduce the hardware costs and energy usage costs it becomes easier to participate in the network (especially via pools, same as mining but much much cheaper).

Being able to run a validator on a solar powered raspberry pi is a great improvement to making participation in the network accessible. We should see the exact opposite of what you suggest, anyone who wants to participate not having energy or hardware restrictions should make it less Matthew-effect-like.

PoS increases both the cost of a direct attack on the network as reorganised/51s are more expensive to perform with slashing mechanisms in place, and also removes the threats of supply line disruption by either nation states or cartels forming to control the flow of the hardware.

PoS is great.

parent casi 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton