Post
Topic
Board Altcoin Discussion
Re: Altcoin POW innovations headed in the wrong direction. Let a chip designer pick.
by
zerodrama
on 12/04/2014, 05:26:54 UTC
True decentralization is free market competition and the enemy of free market competition is barriers to entry.  Proof of work is a barrier to entry.

Proof of work is like slicing meat for a sandwich.
Sandwich is like free market.

I want my meat to be sliced in the same thin sizes.
No competition whatsoever.

I want choices of meat and vegetables.
I do not want competition in my sandwich.

I want competition between sandwiches.
You broke the metaphor and now you have to fix it.