Author

Topic: Soft vs. Hard Fork and the Power of Decentralization (Read 284 times)

newbie
Activity: 3
Merit: 0
Well, I've been reading up on the debate regarding Bitmain and people who call ASIC mining unfair when it comes to patenting. If Bitmain is stifling Bitcoin for the worst in growth, why not propose a fork that will only stifle ASIC miners until the patent is lifted? Is this not possible? From what I understand is that BIP1xx blockchain can take in the other chain without issue in the future, if and when it's decided to merge?  Why don't miners opt to exclude ASIC minability until the patent is lifted? Would this not be possible? I've seen talk about covert ASIC mining being stoppable, but I don't think I've seen anything in discussion of when it's not mined covertly.

So, to restate the question in simpler terms : Can a soft fork stop ASIC mining until Jihan Wu is willing to give up the patent for it? Can we develop some type of reward system in which an inventor can recieve temporary rights or benefits? While a patent might prevent other people from benefitting in a similar manner, would this not solve the centralization issue at hand in the eyes of those who believe it exists?
Jump to: