Post
Topic
Board Project Development
Re: [ANN] Bitcoin PoW Upgrade Initiative
by
bit_me
on 20/03/2017, 12:29:12 UTC
Just adding my suggestion to counter the bot net fear mongers (aka altcoin gpu farm owners).

It would be a good idea to use a memory intensive pow, 6gb or more. This will eradicate the supposed threat from bot nets and allow for anyone with a CPU to mine with a simple ram upgrade. One CPU one vote. The bitcoin network can be secured once again by off the shelf parts.


I also think having this ready to go and on testnet as a counter to any malicious actors is great. Hopefully consensus can be reached but China pboc has already announced they want to make their own crypto coin we can not ignore the fact it is in their interest to try and undermine the open bitcoin network.

Edit: lol tonymidlee you beat me to it.