Airplanes and blockchains move precious cargo around the world. Airplanes are a mature programming environment. Hardware is costly to fly. Yet they trade off performance for reliability and were early adopters of hardware-expensive consensus algorithms.https://elaineou.com/2017/02/12/byzantine-fault-tolerant-airplanes/ …
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Airplanes better keep using hardware-expensive consensus algorithms. No need for Sergeant General Bluetooth in first class synching his wireless beats to actuator controls
. Blockchain, sigh, mining pools are the mice chewing at the wires. No?
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if we extend the analogy then miners must be certified, formally educated, their work hours detailed, hardware certified, etc.. That makes me uncomfortable for many, many reasons. I do hope their's a better approach.
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There are a few things in play with mining centralization besides low energy cost. Proximity to chip fab and the math advantage of large pools are two more. There was a spec for a Proof of Ram on my twitter feed last summer, but it's lost.
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The idea being that RAM is the most commoditized product their is. If you cap RAM participation between 2 and 16GB you get a very decentralized mining plant. Everyone with RAM.
End of conversation
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