The proof-of-work also solves the problem of determining
representation in majority decision
making. If the majority were based on one-IP-address-one-vote, it
could be subverted by anyone
able to allocate many IPs. Proof-of-work is essentially
one-CPU-one-vote. The majority
decision is
The Bitcoin white paper says:
The proof-of-work also solves the problem of determining representation in
majority decision
making. If the majority were based on one-IP-address-one-vote, it could be
subverted by anyone
able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote.
The
On Thu, Oct 13, 2022 at 02:35:22PM +1000, Anthony Towns via bitcoin-dev wrote:
> On Wed, Oct 12, 2022 at 04:11:05PM +, Pieter Wuille via bitcoin-dev wrote:
> > In my view, it is just what I said: a step towards getting full RBF
> > on the network, by allowing experimentation and socializing
