Bitcoin Forum
November 16, 2024, 01:17:28 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2015-11-12] Video: Bitcoin Nodes and Noses - A New Crypto Axiom For ...  (Read 355 times)
LiteCoinGuy (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1014


In Satoshi I Trust


View Profile WWW
November 12, 2015, 06:30:12 AM
 #1

Bitcoin Nodes and Noses - A New Crypto Axiom For Bitcoin's Scaling & Centralization Problem

https://www.youtube.com/watch?v=J52AM5SrOHw&feature=youtu.be

Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1074


View Profile
November 12, 2015, 04:26:23 PM
 #2

Introducing multiple algorithms now, would piss off a lot of miners who invested in expensive ASIC's for a single algorithm. You would find that a bunch of them will quit mining and it

would be even less decentralized. It's a interesting suggestion and could possibly open up mining to lots more people with smaller setups focused on one of these algo's, but it could

have nightmare consequences for the whole network.  Huh Huh Huh

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!