Do the Rich Get Richer? Fairness Analysis for Blockchain Incentives
Do the Rich Get Richer? Fairness Analysis for Blockchain Incentives
Proof-of-Work (PoW) is the most widely adopted incentive model in current blockchain systems, which unfortunately is energy inefficient. Proof-of-Stake (PoS) is then proposed to tackle the energy issue. The rich-get-richer concern of PoS has been heavily debated in the blockchain community. The debate is centered around the argument that whether …