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.
why does increasing propagation delay lead to centralization?