In PoS the rich can become validator as long as they have money. The limit is money.
In PoW, they can’t buy gpu as long as they have money, because there is another limit that money can’t always buy, energy, resources, needs (gpu for gamers, researchers, etc)
> In PoS the rich can become validator as long as they have money. The limit is money.
> In PoW, they can’t buy gpu as long as they have money, because there is another limit that money can’t always buy, energy, resources, needs (gpu for gamers, researchers, etc)
Just to elaborate, the implications of this are that PoW has an extra layer of centralization that threatens the network as ASICs/GPUs are only produced by less than a dozen companies and they can pick and choose who gets what kind of hardware and when (including keeping the best for themselves). This ensures that mining cannot be a level playing field and economies of scale will take over long term. This is even ignoring the massive corruption in the energy markets.
On the other hand PoS only requires one resource which nobody has a monopoly on so anyone can stake with nearly zero overhead. It's a level playing field regardless of size or political connections which allows for a much greater distribution of actors.
