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RE: Bitcoins Proof of Work Alghorithm To Be Changed ?

in #bitcoin • 10 years ago (edited)

This only provides evidence for Vlad Zamfir's hypothesis.

"Blockchain architecture is mechanism design for oligopolistic markets."

And it appears to be an oligopolistic market.

References

  1. https://medium.com/@Vlad_Zamfir/the-history-of-casper-chapter-4-3855638b5f0e
  2. https://medium.com/@Vlad_Zamfir/the-case-for-smaller-block-rewards-fb0eab38e15c#.md8ko1rdz
  3. https://twitter.com/VladZamfir/status/843552270784614402
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VladZamfir Vlad Zamfir tweeted @ 19 Mar 2017 - 19:58 UTC

This. This is exactly what I'm afraid of. https://t.co/z2OfP9MT3m

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