4 ms·
Isn't Nano far better in terms of "One CPU- One vote"? The transactions are voted on by nodes, which are free/cheap to run.
by DerekRobot 8y ago
Isn't Nano far better in terms of "One CPU- One vote"? The transactions are voted on by nodes, which are free/cheap to run.
- moosingin3space 8y agoThat's also a problem, though, because an attacker just needs a large number of nodes to effectively control the currency, which is not challenging or necessarily costly (see: Mirai). Doesn't stop the hardware race that leads to centralization. If the incentives promoted by cryptocurrencies inevitably lead to centralization, what's their benefit over the existing financial system?