#Peercoin solved this almost a decade ago by giving all coin holders the power to produce blocks.
15 Feb 2022, 14:40
#Peercoin solved this almost a decade ago by giving all coin holders the power to produce blocks.
$PPC #ProofofStake #Crypto #cryptocurrency #cryptocurrencies #blockchain
It only took six years for Bitcoin to fail Nakamto's goal of decentralization, with one mining pool controlling more than half the mining power. In the seven years since no more than five pools have always controlled a majority of the mining power.