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Re:Did Bitcoin just prove it can't scale? by rrix2 on Saturday December 09, 2017 @05:25PM (#15888512)
> Why what?

why does increasing propagation delay lead to centralization?

Re:Did Bitcoin just prove it can't scale? by etr-strike on Saturday December 09, 2017 @05:59PM (#15888689)
Because miners on the other side of the world don’t hear about the latest block until much later than other miners? Miners who hear about it first get a head start mining the next block. If the delay is significant, you get a single mining cartel.

Mining a block is suppose to be a lottery, not a race.

Re:Did Bitcoin just prove it can't scale? by mr_spothawk on Saturday December 09, 2017 @07:24PM (#15888982)
Thanks for the clarification here. I've read a lot of your comments today, and this is the first time I've understood your point.

I've learned a lot, btw... so thanks for that too.