Doesn't Proof-of-Stake just put the power into the hands of the wealthiest? It really only eliminates mining in my eyes. I have played around with it, and it is fast, but for me this is just another super hyped up payment crypto that doesn't put out any giant fires that are happening, and it is beyond overhyped. Ripple isn't my favorite, but transacts just as fast, for instance.
Right now Proof of Work is in the hands of the wealthiest. Bitcoin for example, the miners have dominated control over the coin. Here on steemit anyone can earn regardless of how much they already own.
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