Compounding of Wealth in Proof-of-Stake Cryptocurrencies

© 2019, International Financial Cryptography Association. Proof-of-stake (PoS) is a promising approach for designing efficient blockchains, where block proposers are randomly chosen with probability proportional to their stake. A primary concern in PoS systems is the “rich getting richer” effect, wh...

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Bibliographic Details
Main Authors: Fanti, Giulia, Kogan, Leonid, Oh, Sewoong, Ruan, Kathleen, Viswanath, Pramod, Wang, Gerui
Other Authors: Sloan School of Management
Format: Article
Language:English
Published: Springer International Publishing 2021
Online Access:https://hdl.handle.net/1721.1/137651.2