Bootstrapping a PoS Blockchain

People say that it is hard to bootstrap a blockchain with PoS because… well… how would anyone have anything to stake initially?

Why not just start a PoS chain and weight every participating node the same and delay any rewards from the chain until a certain target block? This would allow everyone participating in the protocol to have an equal chance at reaping some predetermined reward for a certain period of time to serve as an initial distribution process for the coins / tokens on the chain.

Submitted September 09, 2018 at 06:53PM }
via reddit https://ift.tt/2MXGk10

Advertisements