Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
Perhaps the big problem we have to face is about the initial distribution, i am agree with superiority of pos system above the pow, but how can you make a fair initial distribution for avoid the whales to have a big portion of total coins and make most of stake blocks and get richer meanwhile small stakeholder get poor ...today i have not a answer to it
Initial distribution doesn't matter. We know the outcome of the longest running PoS system ever: Capitalism's 1%.
I'm in this 1%, not complaining for myself. Just for the other 99
Edit: OK, maybe 2%