Post
Topic
Board Development & Technical Discussion
Re: A Two-Round Proof of Work instead of PoW
by
Wind_FURY
on 19/11/2021, 08:02:45 UTC
What would be the costs of a “two-round” Proof of Work algorithm compared to regular POW? More or less, for the same level of security? More or less, for the same incentives? What feature would make it more attractive for the mining cartel?

TRPoW does not affect the competition edge of a miner. So If everything stays the same, a miner will have a lower electricity bill with more or less the same earning potential.  So, it will reduce the miners business cost and increase their profit.

The mining cartel will make more money with less running cost.  


Have you received some feeback from a Core Developer, or from someone who is not a pleb? No offense to the members of this forum. Plus no offense to you, but how can we know you proposal isn’t like the Space Ghost meme that says, “I am new to Bitcoin, and I am here to fix it”?