i watched the video and hope to get more details about Lava's PoC. What else is different from the POW and POS that LAVA's PoC technology will bring to the community?
First let me explain why PoC has the ability to achieve the highest level of decentralization:
Because: 1) PoC mining rely on storage devices, like hard disks, which is a far more general equipment than GPU and FPGA and ASIC chips. There will be no monopoly on mining devices. Which means, anybody, anywhere in the globe, can join the PoC mining, no one can set entry threshold. (whereas PoW mining rely on sepcificly-designed and manufactured equipment that only one or two manufacturer can produce.) 2) In the mining process, PoC consumes only a small fraction of electricity/Power, which means PoC mining does not rely on low-cost electricity. Should know that low-cost electricity is only available in specific areas like in distant mountainous areas in China/Russia/Iran
This means anybody could mine PoC wherever you are in the world, this is fair play, no need for large-scale mining farm which naturally causes mining monopoly where only big players can participate the mining game.