for individuals in the network to run full nodespotentially leadingto centralization
large blockwould leadto centralization
increasing the block sizeswill leadto centralization
a power shift in the crypto networkleadingto centralization
Lightning Networkleadsto centralization
Miningwill resultin centralization
the blockhas ledto centralization
better hardwarecontributesto centralization
ASICcausescentralization of hashrates
ASICleadsto centralization
the growth of hardware performancecausescentralization
full nodeswill resultin centralization
large blockswill causecentralization
We study two opposing forces in the creation and organization of mining pools : risk - sharing benefits attract miners to poolsleadingto centralization
minerscan leadto centralization
by internal forces of market(passive) is caused bythe centralization
the increased sizewould leadto centralization
by our system of Stake(passive) caused bycentralization
by technology(passive) caused bycentralization
that developers should not change the PoW algorithm in any caseleadsto centralization
Bigger blockswill leadto centralization
bigger blocksleadsto centralization
Bigger blockswould also resultin centralization
> Big blockscausecentralization
more hard drive space for nodes on the network , which tendsto leadto centralization
the economic forcescausethe centralization
by ASICS(passive) caused bycentralization
by ASICs(passive) caused bythe centralization
many argueleadsto centralization
Money ... Powerleadsto Centralization
High validation costsleadto centralization
Proof of Stakeleadsto centralization
ASICs get a bad rapcausecentralization
to avoidis inventedto avoid
in an expansion of provinces as well as regions / municipalitiesresultedin an expansion of provinces as well as regions / municipalities
abuse of power ... dominating by a few , and loss of freedom by manycausesabuse of power ... dominating by a few , and loss of freedom by many
to concentration of wealth and power which leads to tyrannyleadsto concentration of wealth and power which leads to tyranny
to a less secure networkcan leadto a less secure network
to control and efficiencycan leadto control and efficiency
to power and power leads to corruptionleadsto power and power leads to corruption
great problems for authoritywill causegreat problems for authority
to social and economic injustice , environmental destruction , and militarizationcontributesto social and economic injustice , environmental destruction , and militarization
from the use of ASICs on the networkcould resultfrom the use of ASICs on the network
problemsmay also causeproblems
you problemshas ... causedyou problems
to less efficiencyalways leadsto less efficiency
monopoly and corruption(passive) caused bymonopoly and corruption
to power and powerleadsto power and power
to powerleadsto power
alsomay ... leadalso
alsoleadsalso
alsoresultsalso
alsohas ... ledalso
alsohas ... designedalso
alsodesignedalso
monopolies and corruptioncausesmonopolies and corruption
the issues(passive) caused bythe issues
the issues(passive) caused bythe issues
to abuse and censorshipleadsto abuse and censorship
to Economic Censorship Powered byLeadsto Economic Censorship Powered by
to more policy innovationleadsto more policy innovation
to a declining populationledto a declining population
to a policy of decentralizationleadingto a policy of decentralization
to some successhas ledto some success
to single points of failureleadsto single points of failure
to single points of failureleadsto single points of failure
to its developmentledto its development
to security , usability , and privacy problemsleadsto security , usability , and privacy problems
to vulnerabilities , power imbalancesleadsto vulnerabilities , power imbalances
to some success in increasing entry to public healthcarehas ledto some success in increasing entry to public healthcare
highercan be sethigher
to efficiencyleadsto efficiency
to monopoly and monopolycan leadto monopoly and monopoly