Post
Topic
Board Development & Technical Discussion
Re: Anyone whose own some fair amount of bitcoins should also own a mining machine
by
Odeyin
on 13/01/2018, 18:47:27 UTC
I guess what it really comes down to are a couple of things...if we want more decentralization then some of the resources should go to the full nodes or becoming node centric. Right now BTC is decidedly miner centric. Almost all the benefit goes to miners. I am not talking about usage benefit, just economic incentive benefit. That is not a bad thing, but it does tend toward having the network centralized...which in reality if you block all of China as 1, which essentially they are, then BTC is really centralized in China...which will not allow Bitcoin to become anything other than what it is now..so I guess our points are really mute. It is probably time to move on to some other coin...