Coin concentration of Proof-of-Stake blockchains

Felix Irresberger and Ruomei Yang

Economics Letters, 2023, vol. 229, issue C

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.

Keywords: Blockchain; Proof-of-stake; Consensus; Decentralization (search for similar items in EconPapers)
JEL-codes: G1 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:229:y:2023:i:c:s0165176523002446

DOI: 10.1016/j.econlet.2023.111219

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