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Question: Should we change the PoW algorithm in Bitcoin to combat miner centralization?  (Voting closed: December 11, 2017, 11:29:55 PM)
Yes! - 4 (66.7%)
No! - 2 (33.3%)
I don't know. - 0 (0%)
Total Voters: 6

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Author Topic: Cobra-Bitcoin: "We should strike first and change the PoW."  (Read 127 times)
figmentofmyass
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November 11, 2017, 11:29:55 PM
 #1

cobra is the co-owner of bitcoin.org and bitcointalk.org. i don't believe that he is a bitcoin developer, but someone can correct me if i'm wrong. anyway, he has gained somewhat of a following over the past year or so and obviously holds some influence due to his ownership in bitcoin.org and bitcointalk.

yesterday, he said this on twitter:

Quote
The people behind 2X will eventually try again to seize control of Bitcoin. The best defence is a good offence. We should strike first and change the PoW. Centralized mining is what they depend on.

thoughts? how does the bitcoin community feel about this?

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November 12, 2017, 12:46:14 AM
 #2

 If that will render the desperados  useless, Why not? It is better than doing nothing.
 The community will be in total support.

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November 12, 2017, 01:04:04 AM
 #3

is it even possible to have a POW algorithim that can't be processed on an ASIC chip? cause, if it's not, then all a change would do is very briefly reset the field of miners. but not really, because big guys like bitmain have the money and connection to get chips made as it is.

so, what algoritihim is ASIC proof?
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