Quote from: russell.deeper on December 13, 2018, 05:56:28 AM

I hope everybody pay attentions to Deeper's PoC consensus mechanism, it is naturally derived from our sharing network. PoC consensus can make every Deeper Connect have the equal chance to mine in e^2 chain without wasting computing power. Pow, PoS and DPoS are centralized already, PoC is the future.

I agree with you, partially, that one of the biggest problems of PoW and PoS is that usually all mining power is concentrated in the hands of a few oligarchs. We know for example that 70% of all BTC mining power is located in China. On the other hand, PoS although not having the energy consumption of PoW presents the same issue, big players will control the majority of the stack. Nonetheless so far nobody has been able to come with any consensus safer than PoW. What is exactly Proof of Credit and how it works? How would you solve the scalability issue always present in any truly decentralized network? We know that currently scalability if the jewel of the crown and whoever solves that problem would create a revolution in crypto. Nonetheless I do agree that we need a less plutocratic system for mining. I would love to know the details about this consensus.