Quote from: Come-from-Beyond on October 21, 2015, 06:06:02 PM

Centralization of control
As history shows, small miners form big groups to reduce variation of the reward. This leads to concentration of power (computational and political) in hands of few pool operators and gives them ability to apply wide spectrum of policies (filtering, postponing) on certain transactions. Although there are no known cases where pool operators abused their power, there have been several instances where the opportunity were present. This possibility in a monetary system powering a multibillion (in USD) industry is completely unacceptable.

Quote from: Come-from-Beyond on October 21, 2015, 09:45:42 PM

PoW with no block reward [to avoid centralization]. [...]

Quote from: Come-from-Beyond on October 21, 2015, 09:57:08 PM

[...] Or IOTA owners have to "hire" miners. [...]

Looks like a contradiction at the first glance. CfB/iotatoken could you shed more light on the mining/PoW requirement?

Besides, needless to say: Following.