BitcoinPOW (BTCW)
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YULIUS KURNIAWAN KRISTIANTO (Bang Gaul)
BitcoinPoW (BTCW)
Bitcoin using PoW/PoT to eliminate mining pools
Bitcoin work is performed by hashing a user's unspent transactional outputs(utxos). The more utxos processed per second, the higher their hash rate. All utxos are treated equally, thus giving no preferred treatment to the rich.
BitcoinPoW Brings Satoshi's vision back to life with a one node equals one vote system. This is accomplished by transitioning to a Proof-of-Work (PoW) Proof-of-Transactions (PoT) algorithm that does work using transactions. Mining pools are forced out of participation; this makes Bitcoin much more decentralized.
What got BitcoinPoW started?
Bitcoin is highly mining centralized. Long time BTC developer Luke Dashjr has spoken on this issue:
"Bitcoin is no longer censorship-resistant, and mining centralisation endangers its security too. It's time to fix that."
but the reality is that the BTC devs have not found a solution.
BitcoinPoW is the solution.
Website Link :
Price Tracking : https://www.coingecko.com/en/coins/bitcoinpow
Jonny Taulen
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