Tom Sargeantson
Aug 9, 2017 · 1 min read

Can you please explain why the minimum stake would be at 1250 or 1500 eth? What is the reason for a minimum stake at all?

Am I right to say that for PoW, miners are basically competing to be the one to propose the new block, a block that is then agreed-upon by the rest of the miners? Why does it have to be difficult to get to be the one to propose the new block?

Thanks, really enjoy your posts.