Quote from: Thingamajig on April 25, 2014, 05:55:23 AM

Quote from: MrPortMan on April 25, 2014, 05:10:03 AM

In general, I consider a mining - an error of decentralization. All computing capacities once will appear in hands of one mega corporations that conducts to centralization and control from the governments. Satoshi when I created it, I he think knew and guessed to what at the end everything leads it. Freedom is given only in the beginning when everyone can мaйнить at home on videocards, thereby forming the decentralized network. But here its complexity grows and grows that finally leads to centralization and to total control, up to even before network destruction if supervisory authorities of it want. And most likely they will want because yet time will find as someone sold for BitCoins drugs or sponsored terrorism, and so on. BitCoin for them at present as a splinter which just like that can't be pulled out. But Satoshi created it everything temporary, as a result a ball one will govern mega corporation and sure to appear over it will rule the governments. It will be the beginning of the end of a network BitCoin.

So much of this. The only real winners are manufacturer's and those with deep pockets to buy asic's and other specialist mining hardware.

PoW is no more decentralized than FIAT, in fact it's worse because those with the influence are more anonymous and just as powerful.

PoS has the capacity to be just as centralized - poor distributed IPO, or other such tatics seen with the MaidSafe IPO. NEM so far has been a step in the right direction. I must say though the concept of releasing stakeholders coins periodically (Rather than in an immediate lump sum) to discourage dumping and more dedication to the cause - an idea i saw mentioned a few pages ago - intrigued me. Food for thought.

That actually sounds like a good idea, releasing the coins little by little. I really want this coin to succeed.

magdapani

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