3 ms·
Distributed POW eliminates ASICs by not paying for centralized mining: https://medium.com/@SaitoOfficial/eliminating-51-attacks-in-proof-of-work-blockchains-e9
by trevelyan 8y ago
Distributed POW eliminates ASICs by not paying for centralized mining:
https://medium.com/@SaitoOfficial/eliminating-51-attacks-in-proof-of-work-blockchains-e95c60d6085a https://medium.com/@SaitoOfficial/eliminating-51-attacks-in-...
The problem is that the approach does not pay the peer-to-peer network. But then neither does LN, so who is counting?