‘Fiat-Like’ Proof-of-Stake Chains Favor Centralization & Rich Players

In crypto, consensus often results in controversy. Sure, consensus mechanisms themselves obviously result in agreement concerning transactions, yet when it comes to picking the ideal mechanism for a particular chain or cryptoasset, the crypto community as a whole is very often in disagreement.
One of the most debated mechanisms now is proof-of-stake (PoS). While its

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