Post
Topic
Board Development & Technical Discussion
Re: A more decentralized blockchain technology than Bitcoin
by
yingyush55
on 31/03/2023, 12:41:36 UTC
By setting an upper limit on the computing power of each miner, it is possible to mine on a mobile phone without consuming too much computing power.
Sounds terrible. First of all, why would you want to intervene in miners' belongings? What's the problem with one individual owning more than 100 others do? Secondly, why do you find this more decentralized? To forbid someone from using multiple faces, KYC must be implemented; and even that way, you can't be sure the mechanism won't be violated. Thirdly, how will the minting work?

Yet, another well intended idea which would have opposite results.
First of all, if I don't interfere with the miners' computing power, it will become more and more concentrated in the hands of wealthy people like Bitcoin. "A person who owns 100 other people's facial codes is stealing other people's information. If it is approved by others, why not?". Each of us is a node of the blockchain, and we can also give up the power that the blockchain gives us. The operation of coinage is that everyone is mining with their mobile phones on