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On a side note: it's proven PoW is centralized and does not in fact secure the coin. Only guarantees work, not security. Just not being used to double spend yet
by homakov 9y ago
On a side note: it's proven PoW is centralized and does not in fact secure the coin. Only guarantees work, not security. Just not being used to double spend yet.
- icebraining 9y agoCan you elaborate? By whom and when was that proven?
- homakov 9y agoLike every hashrate chart? https://medium.com/@homakov/stop-calling-bitcoin-decentralized-cb703d69dc27 https://medium.com/@homakov/stop-calling-bitcoin-decentraliz...
- deleted 9y ago[deleted]