[Bitcoin-development] BlockPow: A Practical Proposal to prevent mining pools AND reduce payoff variance:

Justus Ranvier justusranvier at gmail.com
Thu Jun 19 17:37:13 UTC 2014


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On 06/19/2014 05:11 PM, Kevin wrote:
> Why do you want to punish pools?

It's part of a general trend wherein people look at all the things
that can be accomplished in an economy that has a division of labor*,
and see some misbehavior at the edges, and decide that rather than
fixing the misbehavior we should throw out the entire concept of labor
specialization.

Hating on labor specialization as a concept, rather than simply
finding solutions for specialist misbehavior, was the basis for scrypt
mining, PoS, and MaidSafe.


(*) http://www.econlib.org/library/Essays/rdPncl1.html

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