Post
Topic
Board Development & Technical Discussion
Re: Is POW systematically doomed to get a huge monster in its midst?
by
spartacusrex
on 11/07/2018, 08:33:26 UTC
..I have fucking Cherokee genetics.

Well I have a Cherokee Jeep.

..an offense deserving capital punishment.  .. beat the shit out of a much larger American white boy .. They will mess you up if you do. Ever heard of the Balangiga massacre? .. ..a bounty “per head” of captured Japanese soldiers .. delivered many severed heads.. traded Japanese ears for bounty.. killed numerous men for acting with high pride. Just sliced them up with a bolo... etc etc etc..

err.. ?

If you want to stay on the technological discussion, then I leave the native tribe side of myself off to the side.

Please let's. I publicly request an end to this hostility and a return to a more jovial discussion.

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Even if you removed transaction fees and put in a perpetual block reward, it would still centralize because of the economics of mining and the power-law distribution of wealth.

By fee-less mining I mean no fee AND no block reward. You can't pay anyone anything. Can't outsource to a third party. Otherwise fighting breaks out.. and in the end.. There can be only One (You know this..).

As far as I can see, without fees, any system would be vulnerable to DoS attack. Got any reference to prove me wrong?

A system like IOTA. The work is the fee. (But not IOTA - as it has it's own quirks. Something new.)