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I could be wrong, but isn't POW also largely centralized

based on size of capital investment, since you can optimize and have a bigger mining operation with more money?

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In POW you have difficulty and hashrate as well. All technical advancements (asics) aside. You need to deploy capital in order to grow/keep your influence.

CypherYield
In POW you have difficulty and hashrate as well. A...

No this is the biggest brain fart of crypto you don't need capital to value somthing

CypherYield
That is not what I said

Yes but we need to work backwards. You work for a company that paying you in company pool tokens. To mint the tokens the company need to pay assets/mcap and gets more pool share. Now you add shares governance voting for %compounding, %payments ect If these pools are locked forever you have a completely proof of labor system

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