Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BTCW [CPU-SOLO] - No Premine | PoW+POT | GPU & ASIC resistance
by
CryptoGirl.y
on 31/05/2024, 15:01:07 UTC


 So, what am I talking about.... the new consensus has one important advantage, the most important for decentralization: YOU CANNOT MINE IN A POOL WITHOUT GIVING IT YOUR PRIVATE KEY, i.e. Mining pools as such are not possible on this coin. Can you imagine what a coin without pools looks like? You probably already forgot what it’s like... ha ha... a coin without pools = true decentralization as Satoshi bequeathed. The new consensus algorithm in the BTCW coin was able to achieve this.
Do you want such a coin?
I definitely want to!

Wownero applies the same hack. I'm solo mining it now.
I spent a little time and researched some information about Wownero. I was not able to find out exactly how the coin implements the technology that prevents the creation of pools. At the same time, I understand that you can create a pool on Wownero, but only with maximum trust in the pool participants... this is the same as in the BTCW coin.
But I saw such a problem in Wownero(for example here): decentralization is violated when large pools come and start mining while the coin has a low difficulty; botnet farms can also do this. This problem has been solved in BTCW, since mining BTCW requires not only a processor, but also unspent transactions.