Post
Topic
Board Altcoin Discussion
Re: The Ethereum Paradox
by
YarkoL
on 12/05/2016, 13:51:01 UTC
You're the only one I've read use the term commoditization for Bitcoin mining's future--what do you mean? And can you clarify how it fixes the centralization problem?

The usual term is commodification, meaning affordable and
efficient consumer-level ASICs

Interestingly just now Core devs have tossed up an idea
of changing the PoW algo to prevent a patented mining optimization.
So it is not totally clear if Bitcoin Core is a permissioned
ledger.