Coin concentration of Proof-of-Stake blockchains



Irresberger, Felix and Yang, Ruomei ORCID: 0000-0003-0035-7395
(2023) Coin concentration of Proof-of-Stake blockchains. ECONOMICS LETTERS, 229. p. 111219.

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Abstract

This paper studies the concentration of block production in selected Proof-of-Stake (PoS) blockchains and finds evidence consistent with participants entering and leaving the consensus process, thereby changing the concentration level, but not with disproportionate compounding of wealth for large stakes.

Item Type: Article
Uncontrolled Keywords: Blockchain, Proof-of-stake, Consensus, Decentralization
Divisions: Faculty of Humanities and Social Sciences > School of Management
Depositing User: Symplectic Admin
Date Deposited: 10 Jul 2023 13:50
Last Modified: 11 Aug 2023 13:51
DOI: 10.1016/j.econlet.2023.111219
Related URLs:
URI: https://livrepository.liverpool.ac.uk/id/eprint/3171569