Proof of Work Is Not Voting
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You can listen to or watch this in video here: In the blockchain industry, and in Ethereum Classic in particular, many think that the proof of work consensus mechanism is a voting system. This stems from a mistake Satoshi Nakamoto made when writing the Bitcoin white paper where he stated "proof-of-work is essentially one-CPU-one-vote". What he meant by the above phrase was that proof of work was…
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