@franky, i disagree..
they will just buy what we buy ? no they won't..
my modern PC cost me 3 thousand dollars usd and that was with a cheap $199 Radeon 7950 i got late October. (and the rest of it)
saying that they will just line a warehouse with machines like mine is silly.
considering you just said it's most cost effective to buy dirt cheap Asics.. why would they bother ?
and yeah i know about botnets and it's funny how you guy discuss how to defeat Asics at great length but ignore that equally compelling problem lol
sorry i don't buy it i think the opposite of guys like you lol
Bitcoin took off because the average user could get in on it. that was the major appeal.. don't forget that
Anyway what i got from the OP was an idea that hinges on needing a decentralized angle any centralized as the guy said earlier is just dumb.
And that problem with that is code.. the more you dig into various POW type ideas the more problems pop up..
Bitcoin works its a master piece. if it was even remotely easy to make something else it would have been done years ago.
i wouldn't say can't but it's going to be pretty damn hard to actually wright the code that supercedes Bitcoin.
I have over a dozen years writing code in various languages like c and c++ and it gives me a headache trying to think of w ay to "fix" Bitcoin.
It kinda doesn't need to be fixed ..in the way we're talking about unless your against Asics maybe and yes i am against them.
@OP
Can you write your own code after you have an idea ? I know little about Bitcoin's code but i am experienced in programming enough
to say it sounds like you are way waaaaaay over your head and i get the feeling your not a programmer lol
But hey if you think you can re-invent the wheel we're all here for ya and wish you luck with that hahahha
that would be a pretty impressive accomplishment lol