A new quantitative definition shows ASIC resistance improves egalitarianism in proof-of-work coins while stake-based protocols can achieve perfect egalitarianism under suitable parameters.
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Cryptocurrency Egalitarianism: A Quantitative Approach
A new quantitative definition shows ASIC resistance improves egalitarianism in proof-of-work coins while stake-based protocols can achieve perfect egalitarianism under suitable parameters.