I was just chewing this thread (which I started with a lot of hopes) and became so angry about my bad luck and fortune being born in and grown and stuck in the Middle Hell region ...
It is our fate in the Middle Hell and all other not-enough-developed parts of the world that we have to deal with dead or dying bodies of technologies, instead of the fresh and newborn babies ... I got another sad confirmation about it in the last 24 hours as I figured out if not Bitcoin but at least this community is a dying or badly and disappointingly sick body.
As always, as a third world engineer, I'm a few years late.
how is it? stay with me
Confronting Bitcoin centralization threat, one can imagine different classes of people:
1- One who does not understand and have not a clue about the role of decentralization in the Bitcoin, an ignorant, a piece of cake ready to be ripped off by Mao Zedong's successors
2- One who knows every thing and has surrendered, moved to Altcoins or is planning to migrate, a betrayer, one who has no sense of strategy
3- One who knows but has plans and opportunities to have a share of the bones in the ripping party , a greedy idiot
4- One who knows and is developing a counter attack strategy by promoting and preserving
community mining , a fighter
I hate reddit and I don't know why, I don't feel good there and haven't registered an account, I had more hopes here to be in touch with fighters, people that do not give up.
Obviously Craig is right, he is the real Satoshi ... who else can be such a fool to ruin such a brilliant idea by choosing SHA256 (twice!) with that little memory footprint and no I/O at all ... perhaps he was a kinda ... somewhat like that Vitalik ... this is really an apocalypse ... even our geniuses are cartoons of a genius ... choosing this SHA256 piece of shit as PoW, such an obviously vulnerable algorithm to ASIC attacks ... oh, come on geny! you better vanish man ... ASIC's existed much before CPU's, actually the first so-called 'computer' was an 'Application Specific' piece of shit ... you crazy man?
Now it is our reality, ordinary people don't mine, most of the total hash power is under the ultimate control of just one single person, Xi Jinping, and we have to 'trust' in his majesty not going mad and blowing everything. Pathetic!
back to the topic, back to the topic Ali, remain focused ...
Community mining is not a joke, it is not a hobby, it is not intended to be 'fun', it is a fundamental priority for Bitcoin to complete its mission.
Things are complicated, game is not over, there are a few good news too:
1- Xi Jinping and his loyal citizens can do nothing bad to Bitcoin unless being prepared for their share of billions of dollars worth of coins to be disappeared for ever, they are greedy and we have some time
2- As a game changer, Bitcoin makes it possible for people to cooperate in a decentralized, transparent, democratic, smart fashion, it can be and should be used to clean the Satoshi mess about SHA256 and this ASIC attack on the network.
3- ASIC is not a 'too advanced' topic, don't panic! I agree that people with more resources have some advantages but how much? We can compete, don't panic!
4- A lot of opportunities out there. The core infrastructure is not the only place to have people contribution, we can open new front lines and fields, related to and supported by a reliable enough infrastructure but definitively distinguished and independent from it.
It is what I mean by a fighter, a person who does not panic, does not give up, stays stood, looks for opportunities and possibilities, has a vision, is focused and oriented toward preserving the most beautiful innovation in 21st century although it is made by a crazy, almost fool person: Satoshi Nakamoto.
Where in the hell are the real fighters? Is this community really dying?