5 ms·
> Why what? why does increasing propagation delay lead to centralization?
by rrix2 9y ago
> Why what?
why does increasing propagation delay lead to centralization?
- etr-strike 9y agoBecause miners on the other side of the world don’t hear about the latest block until much later than other miners? Miners who hear about it first get a head start mining the next block. If the delay is significant, you get a single mining cartel. Mining a block is suppose to be a lottery, not a race.
- mr_spothawk 9y agoThanks for the clarification here. I've read a lot of your comments today, and this is the first time I've understood your point. I've learned a lot, btw... so thanks for that too.