Re:Lightning Network Skepticism
by dontbelieveyou on Saturday December 26, 2015 @03:12PM
(#10795108)
He stated PoW was _essentially_ one-CPU-one-vote. It's clear that the intent is to mean hashrate, or CPU power as he phrases it multiple times in the same paper.
> it's not an election, it's more like a random lottery or something.
A random lottery where your odds of winning directly correlate with your CPU power / hashrate. The more you win the more influence you have over the state of the network. Comparing it to a vote is a reasonable analogy.
> it's not an election, it's more like a random lottery or something.
A random lottery where your odds of winning directly correlate with your CPU power / hashrate. The more you win the more influence you have over the state of the network. Comparing it to a vote is a reasonable analogy.