"fair launch POW" will not be fair at all, it favors people with more hash power thus those with more BTCs (they can buy hash power at places like nicehash). ICOs even worse, it put priority to those who have more BTCs and satisfy first the greedy of the dev, instead of encouraging dev to do a better work. And many garbage coins and promises on the papaer are created this way.
Fair launch POW favours nobody at all. You all have to contribute the same effort to mine. The only real variable is cost of electricity and over a short mining period that does not mean much.
Of course if you have more money you can rent more hash? but you are actually being charged the same as anyone else. You are actually spending money you are not getting coins for free however rich you are. This method is giving you a LOT more FREE coins just because you are rich and have more BTC you do not have to spend your BTC to get it. So you are getting hugely unfair advantage at no cost or risk at all.
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Of course PoW favors big guys with hash power. Just look at other coins for PoW, who got the most of the coins? Go to a pool and look, big guys got it all. For a small guy like me, I'd prefer what Tony defined for distribution. The distribution is not once for all, but several distribution and also count the BBs you have. So it is fair.
Come on ....of course the more hash power you have the more coins you will mine. That's not at all what I am saying is it?
Rich guy wants to rent hash he has to pay the same as you to rent hash.
Rich guy wants BB he gets magnitude more than you will for putting the same effort in of linking his BTC whale account.
Can you see here that BB is less fair than POW?
I can't reverse time and circumstances that made him rich and you poor can I? Life maybe was not fair but in crypto you can make things a little more fair for the poor (non BTC whales)
I am saying to you that this method will ensure that he (rich guy) will put the same effort and cost as you into BB and get magnitudes more coins. Where as if it was POW to get 2x more coins than you he will have to spend 2x more? If he spends the same as you he will get the same.
Yes there will be argument he owns his farm and you are renting hash - so what he had to buy the hardware. FYI I have a tiny amount of rigs in my house and will get far less mining than I will by linking my BTC accounts.
Also lots of hash whales tend to rent hash now on launches. Most GPU huge farms stick to high volume coins to unload and pay electricity and hardware loans anyway.
Please stop with your PoW. You want to move from a distribution model where anyone can gets byteball for free to one where you have to either mine yourself or rent hashpower. Who the hell do you think will rent hashpower ? People with a lot money because people with a tiny amount are not going to risk it.
The current distribution method is more fair than PoW because :
You don't risk your money : in PoW you have to either mine yourself - so you pay hardware and electricity or rent it, so both case you pay
Anyone can join easily : two methods to link your BTC address and there is lot of tutorials - not the case for PoW, it's not that easy to mine even with tutorials for a guy lambda
Easy to put handle for the creator : creating a PoW coin just to make an initial distribution, then make a snapshot, then distribute the real coins is to much work for nothing.