Quote from: soy1003 on Today at 03:55:16 PM

I don't really understand the proof of stake idea. Can you give me a this is like something in home ownership? Most homes in the US are mortgaged to banks so really the banks seem to own the homes. But suppose something like Fortress bought all the mortgages from the banks? Would Fortress own all the homes?

Ie:
You buy two cows , 1male & 1 female, they mate , and you have another cow.
You buy a PoS coin , and when it stake , it creates more coins.

As the person, that purchased the 1st two cows, you are now the owner of any new cows they create.
As the person, that purchased some PoS coins, you are now the owner of any new coins created by those original coins.

Interestingly enough, a couple in Nashville is suing the IRS, to prevent them from taxing newly created PoS coins ,
as their argument is that property is never taxes until sold for cash.
Hope they win, they have a strong case.
https://www.coindesk.com/nashville-tezos-irs-tax-suit