Saw this posted in discussion and figured it has relevance to the ongoing case for Proof of stake over POW
It does seem to me like cost to operate will be an issue at some point to challenge the success of POW coin like BTC or ETH
https://bcfocus.com/news/ethereum-co-founder-vitalik-buterin-comes-up-with-seven-difficult-questions-for-the-cryptoverse/18297/
DPOS white paper comes after BLK but I have read any POS usage criticised in a similar way
BLK new coins only turn out in a small amount to BLK holders via active wallets forming the network. Theres no possible ASIC use, the capital requirement mostly comes from holding the BLK itself not 3rd party manufacturing like ASIC technology.
The last mining done on this protocol was over 4 years ago now and then it was only briefly distributed in this way, the thread is new/remade but the BLK coin is not even slightly close to new
https://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid
https://i.imgur.com/Cpklx7E.gif