Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
You guys really crack me up with these "we need to do this or that" pontifications. As if anyone here is even remotely involved in the development of Bitcoin.
But by all means, go forth and make it happen!
But by all means, go forth and make it happen!
Looks like some Core elite developer already has a M.A.D. plan ongoing:
https://twitter.com/LukeDashjr/status/901233811580702720
I am personally in favor of more decentralization in mining and all, so I tend to favor a change in PoW to end the Chinese miner's mafia, even if this could cause much chaos and desruption in the short to medium term. The question is if the new algo will be asic-resistant, or we'll be at square 1 in a few months.
There is no escape from centralisation, all algorithms can be optimised in hardware to some extent, and centralising that hardware gives you economies of scale.
You need geographic separation between devices, or guaranteed different human operators... solve that and you've got a winner
People are working on it, look at this for a try https://github.com/the-laughing-monkey/cicada-platform (i'm yet to fully read it)