/biz/ - Business & Finance

>>	Anonymous Wed Feb 28 07:11:35 2018 No.8018503 [View] File: 48 KB, 681x483, bitcoin pow centralisation cobra.png [View same] [iqdb] [saucenao] [google] >>8018469 >>8018480 again, the owner of bitcoin.org and bitcointalk.org The truth is, ASIC killed Satoshi Vision. He wanted 1 cpu = 1 vote.

Anonymous Sat Feb 24 09:59:40 2018 No.7923977 [View]
File: 48 KB, 681x483, bitcoin pow centralisation cobra.png [View same] [iqdb] [saucenao] [google]

>>7923882
owner of bitcoin.org and bitcointalk.org just wrote this yesterday

the sad thing is they don't realize ASIC broke PoW forever. Satoshi's vision (in the whitepaper): 1 cpu = 1 vote.

He was against using IPs because the richest can buy/rent many. This is what happened with Bitcoin. This is what will happen with any new PoW algorithm. The richest gets most of the hashpower (through several methods) and become automatically in control of the network.

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