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From: Justus Ranvier <justusranvier@gmail.com>
To: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] BlockPow: A Practical Proposal to prevent mining pools AND reduce payoff variance:
Date: Thu, 19 Jun 2014 17:37:13 +0000	[thread overview]
Message-ID: <53A31FC9.4090307@gmail.com> (raw)
In-Reply-To: <53A319D0.9080309@gmail.com>

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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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  reply	other threads:[~2014-06-19 17:40 UTC|newest]

Thread overview: 9+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-06-19 16:58 [Bitcoin-development] BlockPow: A Practical Proposal to prevent mining pools AND reduce payoff variance: Sergio Lerner
2014-06-19 17:11 ` Kevin
2014-06-19 17:37   ` Justus Ranvier [this message]
2014-06-19 17:17 ` Mark Friedenbach
2014-06-19 17:35   ` Mike Hearn
2014-06-19 20:26     ` slush
2014-06-19 20:39       ` Mark Friedenbach
2014-06-19 20:55         ` slush
2014-06-19 21:07           ` Mark Friedenbach

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