Ethereum's upcoming Proof of Stake mechanism is supposed to put more power into ... | Hacker News

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		AlphaWeaver on Sept 23, 2017 \| parent \| context \| favorite \| on: Bitcoin is fiat money, too Ethereum's upcoming Proof of Stake mechanism is supposed to put more power into the hands of investors compared to miners.

UncleMeat on Sept 23, 2017 [–]

That doesn't really help. Early adopters get huge sums of ETH compared to those who join after the price rises. The distribution of coins is massively unequal.

johndevor on Sept 24, 2017 | [–]

In the short term, yes. Not in the long run as early investors sell their coins.

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