Satoshi’s vision

Originally, Satoshi Nakamoto had an idealized hope for mining being a democratized way of establishing consensus. This can be seen for example in his famous whitepaper [2] where it says:

'Proof-of-work is essentially one-CPU-one-vote.'

He knew that with the advent of GPU mining, many CPU miners would be kicked out of the network, which would be against his vision of fair, equal and decentralized mining.

We all know that his hopes have not been fulfilled, today Bitcoin is mined on specialized expensive hardware and only those with access to this hardware can participate in mining. After all, Satoshi was not able to solve the issue of centralized mining.

We know that there are many teams working on solving the problem of centralized mining. They tried many methods, but always came up with software and hardware algorithms to solve the centralization problem. In fact, they all ignored an important point: centralization is essentially a question of interest distribution,This is an economic problem that must be solved from a distributional perspective.

Today, We are integrates a decentralized mining pool into the blockchain for the first time. Through two workload proofs, the problem of centralized mining was perfectly solved and Satoshi Nakamoto’s wish was truly realized.