But all you will get back from the community is nonsense that Bitcoin is most secure due to it's energy waste,
which we both know is incorrect , as a few pool operators could double-spend on a whim, regardless of energy expended.
Good Luck , but don't be surprised when the bitcoin maximalist all deny the reality in front of them.
Are you telling that these pool operators will kill the golden goose, not everyone will be that stupid as they have invested millions for mining and their aim is to make profit and we have ten years of history now with bitcoin can you showcase one instance that the pools did anything of that sort to jeopardize the entire network. I am sure you will not have an answer for that which we both know is incorrect , as a few pool operators could double-spend on a whim, regardless of energy expended.
Good Luck , but don't be surprised when the bitcoin maximalist all deny the reality in front of them.
. What are your opinions on whether bitcoins mining algorithm should change to an asic resistant algorithm?
Based on Bitcoins principle to be a decentralized currency, shouldn't this be adopted?
It's only viable to mine bitcoin with asic hardware and that's kinda centralized with whoever
has more money to invest in these machines.
Not everyone needs to mine bitcoin to be a decentralized currency, equality is not attained everywhere in society and that is how it functions, so the idea of everyone running a node in their basement is a joke, if you are willing to support the network spend some dime to do so rather than having a complete change in the process.Based on Bitcoins principle to be a decentralized currency, shouldn't this be adopted?
It's only viable to mine bitcoin with asic hardware and that's kinda centralized with whoever
has more money to invest in these machines.