Post
Topic
Board Altcoin Discussion
Re: Transparent mining, or What makes Nxt a 2nd generation currency
by
Come-from-Beyond
on 30/01/2014, 20:10:41 UTC
Now imagine that you throw a dice with numbers from 1 to 6 and your opponent throws a semi-dice with three possible values from 1 to 3. Who gets the lower number wins the round. In half of the cases you will throw 4-6 and win. In the other half you will have 50:50 chances to win. Thus your chances are 1/2 + 1/4 = 0.75 and his chances are 1/4 = 0.25. Which is 3 times lower.

This doesn't model forging process correctly.