I dont see its security as being all that good really, it inevitably leads to pools, who are operated by just a few very wealthy entities, who could easily collude at any time.
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I dont see its security as being all that good really, it inevitably leads to pools, who are operated by just a few very wealthy entities, who could easily collude at any time.
some proposals (like fruitchain) prevent mining pools. Still it doesn't solve everything.
It would be awesome if useful PoW was the default.
I couldnt find much easily available info on fruitchain, I wonder if it could work for PoS too; a few staking pools are popping up now and its bad news in my view.
fruitchain is a research paper so there is not much presentations: https://eprint.iacr.org/2016/916. Maybe there are more research like that but I haven't seen much yet.
Now I am wondering, do we want to make pools better or do we want to totally avoid them?? I don't have a definitive idea at this point.