Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
by
angrybirds.allen
on 09/06/2020, 01:27:47 UTC
I do not think that a model like this will work. It's just turning the power monopoly into node monopoly. A miner who have more nodes, his monopoly remain unchanged.
Maybe I am wrong, I hope this mechanism works better.

The power monopoly is theoretically caused by cooperative mining. In this project, the cooperative mining is irrational, which will generate a large number of miners instead of mining pools.

thanks, it looks like it will be better than Bitcoin.  Grin