That is not my argument, quote me. Stop making things up.
My argument is someone with old hardware or limited means can participate. This is more of the same, you have your pile, now destroy the rest to make yours more valuable. Disgusting.
This WAS capitalism...
Or are you saying capitalism required high barriers with unfair practices that favour existing monopolies? I think you mean corporatism.
POW provides equilibrium, if the price is low, hash rate drops, and vice versa. Artificially meddling in this will create distortions.
Why is it that everyone, except current holders of multiple master nodes, thinks this idea is ridiculous? The master nodes only provide value if they are in...
I was making a paper wallet, printed it off and I sent 10 drk as test to start. When I went to import the private key I noticed my printer cut off the first 7 digits. So after a minor panic, I dumped the ram and scanned the entire drive contents with a hex editor looking for part of the key. No...
I've read this paper over and over again. It is literally, the system is trust less, because the system is trust less. I've read a significant amount of technical papers, in many fields, and this just screams scam. I suspect to a lay person it appears impressive, but it is nothing but...