Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
TheMightyX
on 01/04/2014, 21:32:55 UTC

Even Satoshi himself thought PoW was an inherent weakness of the bitcoin protocol.

Link please?
I can give you this one where he proposes merged mining to have multiple chains with different rules and uses:

https://bitcointalk.org/index.php?topic=1790.msg28696#msg28696

Some more history to learn from:

http://forum.namecoin.info/viewtopic.php?f=2&t=1551


Sorry I've done some googling and I can't find any reference. I've heard it mentioned many times that satoshi thought mining was the inherent weakness of bitcoin. This quote seems likely because control of mining (which is what we see today with the large mining cartels) would lead to control of the network but I can't for the life of me find any reference to it...

Am I crazy?