Overly simplified question about proof-of-stake.

Cryptocurrency News and Public Mining Pools

Overly simplified question about proof-of-stake.

So, with proof-of-work, if I want a node that earns me coin, I buy a million dollars worth of gear.

With proof-of-work, I buy a million dollars worth of coin, if I want to play.

Either way, if I’m just getting in, I need a million dollars.

How close am I to the truth?

submitted by /u/SaaSWriters
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