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A comment on Why the practical applications of Bitcoin will be limited. Parent comment

Re:Why the practical applications of Bitcoin will be limited by DennisP on Wednesday March 04, 2015 @03:27PM (#9147077)
That's definitely a problem, and it's the reason other projects are working on ASIC-resistant proof-of-work. I just don't see how the method I described would make things any worse.
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Re:Why the practical applications of Bitcoin will be limited by sp332 on Wednesday March 04, 2015 @03:43PM (#9147200)
I'm just pointing out that limiting active miners to people with fast internet connections means there will be fewer of them.
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