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In support of the proof of work [un]fair launch

  • Article
  • Dec 29, 2019
  • #ProofofWork
Nic Carter
@nic__carter
(Author)
medium.com
Read on Medium
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Disclaimer: I have no current or future interest in a new cryptocurrency launch, either personally or professionally. This piece is intended generally as a thought experiment, and i... Show More

Disclaimer: I have no current or future interest in a new cryptocurrency launch, either personally or professionally. This piece is intended generally as a thought experiment, and is NOT an…

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Hasu @hasufl
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Great analysis by @nic__carter suggesting a new launch model for PoW coins: - developers sell ASICs instead of coins - gives early investors a 4-6m headstart over 2nd gen hardware - benefits are ASIC security from the start, securities laws don't apply
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