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@Zawy
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(comment)
POS could use POW to initially create the coin. It is the only known way to decentrally & fairly distribute coin. I do not see that POS is different from POW in regards to selling. To mix and matc...
@zawy
3 years ago
(comment)
If my last paragraph wasn't enough, then this long and boring paper goes into every aspect. In short, the heavy cost of the equipment (CAPEX) marries the miner to the coin. If he hurts the coin, he...
@zawy
3 years ago
(comment)
Dams store energy by letting the water get higher. It's not as flexible as gas peaking units, but a heck of a lot better than solar (without expensive batteries). Solar producing too much durin...
@zawy
3 years ago
(comment)
It's a coercive tax from a central authority that goes to the central authority for expenditures you may not agree with. It stops being coercive when you leave that governing body's borders (the ch...
@zawy
3 years ago
(comment)
The hashrate reduces to 1/10 when the difficulty rises 5% above average. This is the same as if the reward is reduced 5%. I do not see how the 8% tax will work out good for ABC.
@zawy
3 years ago
(comment)
That's because there isn't one exact problem. ... It would be great if this problem could be distilled into a single simple definition of the problem. The goal of the difficulty algorithm is...
@zawy
3 years ago
(comment)
1) Oscillations in difficulty. We do not want low variance in block time because of orphaning 2) By "low confirmation time" he meant we want the average confirmation time to be as close as possib...
@zawy
3 years ago
(comment)
To get ASERT activation to coincide with the Poisson pill activation, maybe it could make difficulty constant for 11 blocks or use the other form of ASERT that's based on the 6th block in the past,...
@zawy
3 years ago
@zawy
(user)
Difficulty algorithm aficionado.
3 years ago