POWA – With hybrid PoW you could have 2 algos: an ASIC friendly one that counters botnets and a CPU friendly one that allows decentralized mining. Nether alone is even capable of a 51% attack.

1 Bitcoins

Bitcoin News and Search

1 News - 247 News - 247 Bitcoin - 1 Search


Damn… think about it: this is the key for decentraliced mining:

With hybrid PoW you could have 2 algos: an ASIC friendly one that counters botnets and a CPU friendly one that allows decentralized mining. Nether alone is even capable of a 51% attack.

blackmarble: https://www.reddit.com/r/Bitcoin/comments/60j1zi/bram_cohen_bittorrents_creator_a_soft_fork_change/df70mn6/

And as far as I know, it can be deployed as a softfork (miners not needed for acivation, compatible with older nodes)!

/u/luke-jr /u/petertodd /u/nullc – maybe you would like to comment? 😀

submitted by /u/BitcoinReminder_com
[link] [comments]


1 Bitcoins

Bitcoin News and Search

1 News - 247 News - 247 Bitcoin - 1 Search


Leave a Reply