the downfall of bitcoin and how 40% of BTC is held in less than 2,000 addresses. He says that with hex, it would penalize people like that and reward those that stake.
How does this work? He didn’t go on and explain it at all. Why would one get penalized for owning a lot of HEX?
Also doesn’t “someone or something” own 90% of HEX? So how is that different
When you stake you earn inflation. When holding liquid you get nothing. So over time you hold less% of Total supply
If you’re not staking then you’re getting diluted by the stakers overtime.
That doesn’t really penalize anyone from holding lots of HEX then because the more you have, the more you can stake. And the more ton stake, the more return you get. Right?
Yeah it’s not really a penalty but it just is what it is …the stakers get paid every day and if you’re not then you don’t get paid every day
And if you are staking you are getting diluted by gas fees
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