Quote from: Lutpin on August 28, 2019, 07:16:22 PM

Quote from: Stryfe on August 28, 2019, 06:47:34 PM

just hard fork btc every 3-4 months - will eliminate ASIC's as they are useless after a hard fork - they cannot adapt to the change. Some Altcoins do this as soon as a company produces an ASIC for their algo

BTC has avoided hard-forking for over 10 years now. Let's start doing 4 per year. That sounds like a reasonable suggestion.
I get it, that works for smaller coins with less services and plurality of wallets. But I can imagine the chaos that BTC would stumble into with this.

Quote from: TimeBits on August 28, 2019, 07:14:47 PM

The beauty of it all is they don`t even need a computer or hash rate to give them equal coins via duration, They just need a address, it could even look like a credit card. Then you don`t even need the hash rate, that can be used on solving diseases.

You can prevent overpowered pools, or giving 1000 votes to 1 guy. That is what we are doing right now, instead of everyone getting 1 vote, some guy because he is rich because of the old bullshit system can buy 10000000000 of votes *asics*.

Sounds great. Sounds also like something completely different than bitcoin.
Go pursue it, but do it as a new project, don't attempt to force bitcoin into something it isn't.

I mean it could be pretty easily applied to bitcoin.

https://www.youtube.com/watch?v=Y7TLFyK_3Pk Here is the ending of your mining of bitcoin. Have fun with that, your great great great grand kids will either be slaves, or be the ones enslaving them.

You know Jeff Bezo`s could buy the entire worlds gold supply just with the interest alone in his account in two years, yah good luck with that shit.

99% of the people going to be living on the streets, because 1 asshole has 6374578962378462783943781 houses, because he has unlimited interest money to keep fucking buying everything. That includes the bitcoin supply and asics.

spoiler: in that simulation not just does 1 team win, 1 person wins in the end, that is the end of the bitcoin "experiment" Gavin.