Coin Concentration of Proof-of-Stake Blockchains

9 Pages Posted: 2 Jan 2019 Last revised: 6 Jun 2023

See all articles by Felix Irresberger

Felix Irresberger

Durham University

Ruomei Yang

affiliation not provided to SSRN

Date Written: June 5, 2023

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

JEL Classification: G1

Suggested Citation

Irresberger, Felix and Yang, Ruomei, Coin Concentration of Proof-of-Stake Blockchains (June 5, 2023). Economics Letters, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3293694 or http://dx.doi.org/10.2139/ssrn.3293694

Felix Irresberger (Contact Author)

Durham University ( email )

Old Elvet
Mill Hill Lane
Durham, Durham DH1 3HP
United Kingdom

Ruomei Yang

affiliation not provided to SSRN

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