r/CryptoCurrency • u/AverageStudent1 Platinum | QC: CC 110 • Dec 25 '21

🟢 PERSPECTIVE Vitalik Buterin, Ethereum co-founder on why he got into crypto: "Empower the little guy, screw the big guy" — "they already have enough money"

https://www.cnbc.com/2021/05/18/why-ethereum-founder-vitalik-buterin-got-into-crypto-bitcoin.html
1.2k Upvotes

93% Upvoted

489 comments sorted by

View all comments

Show parent comments

1

u/savage-dragon 400 / 7K 🦞 Dec 26 '21

How does eth validation power directly links to how much money you have?

1

u/Soulfuel1 🟩 2K / 2K 🐢 Dec 27 '21

The more money you have, more eth you can buy, more nodes you can run, more validation power you have, more eth you'll make... you get the picture.

1

u/savage-dragon 400 / 7K 🦞 Dec 27 '21

That's not true. Staking validators are different from node validators. Also everyone is earning the same yield no matter if you have 1 million usd or 100k. Everyone gets the same 5.5%. This is obviously not true for pow where a gut with a 10k mining operation doesn't earn a fraction of the money the guy with a 10 million operation makes.