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RE: How Vote Incentivization Monopolizes Delegated Proof of Stake

in #dpos4 years ago

Oh, I definitely agree, I didn't mean to say that PoW doesn't have any problems of centralization, but it has no problem of monopolization like PoS has. We got mining pools which can be a short term threat for the chain, but if people leave the mining pools again it loses the power. While in PoS that's more difficult. Some PoS chains solve this by reducing the stake of the consensus node on "bad behaviour".