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  1. thurloat 📌 (thurloat@mastodon.club)'s status on Tuesday, 18-Dec-2018 09:02:08 EST thurloat 📌 thurloat 📌

    @Tryphon for the democratization of the power, not everyone has the same buying power as China for hardware and private hardware development, while the "security" of the network depends on distributing the work fairly.

    For the most part, the complex algorithms only make it more expensive for ASIC miners to develop their chips, and changing POW algorithms frequently makes it cost prohibitive from an investment point of view to do it over and over.

    In conversation Tuesday, 18-Dec-2018 09:02:08 EST from mastodon.club permalink
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