Iann Ribeiro Freitas
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And how do you know, that you are talking to real users here? Maybe there is only theymos, and everyone else is just his alt-account? How can you verify it? But, even if you assume, that it is really the case, then note that only quality matters. Even if you assume, that there is only one user here, and everything else is artificially generated, then still: if the content has a good quality, and it is worth reading, then you will keep using it anyway, no matter how many people are behind it. Of course. But that's what Proof of Work is for. Having 90% nodes controlled by a single person won't change anything, if all of them will have just CPU power, and no ASICs. And when it comes to having more than 50% of hashrate, then you stop competing with other people, and you start competing with yourself. And then, it is profitable, to lower the difficulty, by turning off some equipment, to lower your electricity bills. A good example of that is signet: it is fully centralized, and signet miners could use a lot of ASICs, to mine really strong blocks. But why should they? If they can sign all blocks, then they need only CPUs, to run the whole system. Which also means, that if there is a lot of centralization, then a single party, who is in charge, has a huge incentive to lower the difficulty, and to generate more coins with less power. And by looking at 6686 Guide's difficulty, you can be quite sure, that there are many competing parties, because they constantly raise the difficulty, up to some insane levels. Another good example is testnet, where coins were supposed to be worthless, but because it was decentralized, and mined by real ASICs, combined chainwork is high enough, that all of that power could be used to mine a lot of real BTCs instead.
And how do you know, that you are talking to real users here? Maybe there is only theymos, and everyone else is just his alt-account? How can you verify it? But, even if you assume, that it is really the case, then note that only quality matters. Even if you assume, that there is only one user here, and everything else is artificially generated, then still: if the content has a good quality, and it is worth reading, then you will keep using it anyway, no matter how many people are behind it. Of course. But that's what Proof of Work is for. Having 90% nodes controlled by a single person won't change anything, if all of them will have just CPU power, and no ASICs. And when it comes to having more than 50% of hashrate, then you stop competing with other people, and you start competing with yourself. And then, it is profitable, to lower the difficulty, by turning off some equipment, to lower your electricity bills. A good example of that is signet: it is fully centralized, and signet miners could use a lot of ASICs, to mine really strong blocks. But why should they? If they can sign all blocks, then they need only CPUs, to run the whole system. Which also means, that if there is a lot of centralization, then a single party, who is in charge, has a huge incentive to lower the difficulty, and to generate more coins with less power. And by looking at 6686 Guide's difficulty, you can be quite sure, that there are many competing parties, because they constantly raise the difficulty, up to some insane levels. Another good example is testnet, where coins were supposed to be worthless, but because it was decentralized, and mined by real ASICs, combined chainwork is high enough, that all of that power could be used to mine a lot of real BTCs instead.
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sorriso
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And how do you know, that you are talking to real users here? Maybe there is only theymos, and everyone else is just his alt-account? How can you verify it? But, even if you assume, that it is really the case, then note that only quality matters. Even if you assume, that there is only one user here, and everything else is artificially generated, then still: if the content has a good quality, and it is worth reading, then you will keep using it anyway, no matter how many people are behind it. Of course. But that's what Proof of Work is for. Having 90% nodes controlled by a single person won't change anything, if all of them will have just CPU power, and no ASICs. And when it comes to having more than 50% of hashrate, then you stop competing with other people, and you start competing with yourself. And then, it is profitable, to lower the difficulty, by turning off some equipment, to lower your electricity bills. A good example of that is signet: it is fully centralized, and signet miners could use a lot of ASICs, to mine really strong blocks. But why should they? If they can sign all blocks, then they need only CPUs, to run the whole system. Which also means, that if there is a lot of centralization, then a single party, who is in charge, has a huge incentive to lower the difficulty, and to generate more coins with less power. And by looking at 6686 Guide's difficulty, you can be quite sure, that there are many competing parties, because they constantly raise the difficulty, up to some insane levels. Another good example is testnet, where coins were supposed to be worthless, but because it was decentralized, and mined by real ASICs, combined chainwork is high enough, that all of that power could be used to mine a lot of real BTCs instead.
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andre joga
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And how do you know, that you are talking to real users here? Maybe there is only theymos, and everyone else is just his alt-account? How can you verify it? But, even if you assume, that it is really the case, then note that only quality matters. Even if you assume, that there is only one user here, and everything else is artificially generated, then still: if the content has a good quality, and it is worth reading, then you will keep using it anyway, no matter how many people are behind it. Of course. But that's what Proof of Work is for. Having 90% nodes controlled by a single person won't change anything, if all of them will have just CPU power, and no ASICs. And when it comes to having more than 50% of hashrate, then you stop competing with other people, and you start competing with yourself. And then, it is profitable, to lower the difficulty, by turning off some equipment, to lower your electricity bills. A good example of that is signet: it is fully centralized, and signet miners could use a lot of ASICs, to mine really strong blocks. But why should they? If they can sign all blocks, then they need only CPUs, to run the whole system. Which also means, that if there is a lot of centralization, then a single party, who is in charge, has a huge incentive to lower the difficulty, and to generate more coins with less power. And by looking at 6686 Guide's difficulty, you can be quite sure, that there are many competing parties, because they constantly raise the difficulty, up to some insane levels. Another good example is testnet, where coins were supposed to be worthless, but because it was decentralized, and mined by real ASICs, combined chainwork is high enough, that all of that power could be used to mine a lot of real BTCs instead.
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