Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ARO] | Arionum | CPU | PHP Based | Decentralized Revolution
by
programmerdan
on 28/02/2018, 15:41:45 UTC
"Decentralized revolution"

OP should rename ANN thread to  

[ANN] [ARO] | Arionum | PHP Based | Centralized Revolution

+1
Epic fail of this project!  <--- personal opinion, not as a team member of any other project, as the guy below pointed. (EDITED)

A lot of folks are confusing some perceived lack of fairness of miners "reward" with a failure to decentralize.

Again, transactions are _not_ picked by miners. Miners _confirm_ via "discovering" a valid hash for proto-blocks that _nodes_ pick. Not miners.

So, a few miners having a large % of the hashrate isn't alarming from a decentralization standpoint, these guys are just spending lots of money to acquire more ARO very early in the project. This is a valid choice for them; it doesn't hurt ARO 'cept for FUD'ders who haven't bothered reading about ARO or understanding where the decentralization comes from.

Decentralization of transaction / block formation / validation of blocks --> these tasks happen at the nodes, not the miners.

Miners are not the sources of decentralization for this coin...

Not sure how else I can describe it, since people seem intent on ignoring this.