<oembed><type>rich</type><version>1.0</version><author_name>npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgyd</author_name><author_url>https://nostr.ae/npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgyd</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2014-07-04&#xA;📝 Original message:Yup, no need to apologise. If nothing else the conversations get archived&#xA;where other people can use them to get up to speed faster. A lot of these&#xA;discussions get spread across forums, lists and IRC so it can be hard to&#xA;know what the current state of the art thinking is.&#xA;&#xA;Recall the second prong of my opening argument - if you could beat ASICs,&#xA;you&#39;d end up with botnets. I prefer having the chain be dominated by a&#xA;single pool for a while than having one with a major botnet presence, given&#xA;their history of doing things like mining empty blocks and giving random&#xA;people enormous electricity bills.&#xA;&#xA;I think we can make good head way if we just optimise a lot and finish&#xA;things off, to be honest. I&#39;m not sure we need an algorithmic silver&#xA;bullet. Remember you can always outsource mining by just not having any&#xA;hardware at all, CEX style, so trying to prevent outsourcing using clever&#xA;hacks seems ultimately doomed.&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140704/1f440eab/attachment.html&gt;</html></oembed>