Bitcoin.org owner requested BTC's PoW algorithm change. - 26.Mar.2018

in #cryptocurrency6 years ago

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Point out the problem of Bitcoin mining


Owners of "Bitcoin.org" and "Bitcointalk.org" of the web portal sent a letter of invitation to the bitcoin community to change the "proof-of-work (PoW)" algorithm of the bitcoin core network By doing so, we are igniting the controversy.

As a problem of bitcoin, Mr. Cobra told the feature of "non-centralized" is gradually weakening, accusing centralization of mining.

Mr. Cobra pointed out that PoW has a minor impact on security unless it is distributed to a wider variety of individuals and businesses.

At the present time, there is the current situation that the distribution of mining can not be realized, and it is monopolized by Mr. Wu.

Mr. Cobra said that this centralized state would say "he will not trigger the fear of entering the prison," he said, saying, "It is the same as acknowledging that you can punch a muzzle to another red person It was ridiculous and ridiculous, "he said.

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