So an Oligarchy that's less monopolistic?
Where do the coins come from? Has there been any other mechanisms for minting other than minting the supply from day 1, or burning computational capital/energy in the form of PoW mining?
Where do the coins come from? Has there been any other mechanisms for minting other than minting the supply from day 1, or burning computational capital/energy in the form of PoW mining?
In most PoS protocols, coins come from either PoW mining before a transition to PoS, or from an initial coin offering. Neither are great solutions IMO, but PoW doesn't really distribute coins very well either.