I sort of feel like the choice made my Wownero, to have no pool mining at all, is good.
Has this discussion ever been discussed for Monero?
I feel like it is similar to asic-resistance. What do you people think?
Replies
there's been other solo-mining monero forks too like nerva
which is great for those smaller coins
for monero however, that would weakens the network security due to too many people leaving mining, because it would be too RNG solo-mining a block and hope to find just 1 within like a whole year or somethin...
monero now has P2Pool which has the similar goal of avoiding pool centralization
P2Pool was also a thing for bitcoin but never got the adoption it deserved unfortunately
for monero it's not a lost cause yet, can still shill P2Pool + Solo mining there
I know you're correct from the standpoint of human nature/impulsiveness...... Just if I'm thinking too idealistically I think everybody could stop being so impulsive and be ok with 1 large prize every 5 years instead of 1,000 tiny prizes over the course of 5 years. Wouldn't it also reduce utxo bloat??
All that said, I'm grateful for the existence of p2pool.