While I agree in principle with foiling bot nets, I would strongly disagree with introducing a non blockchain dependency on block generation. It is also contradicts decentralization.
Lets start discussing this just a little bit; and lets keep an open mind, and think through all this over the next 90 days and see if we can come to a general consensus or not.
First of all, when you said that we would be contradicting decentralization, let me clarify the idea first of all: Unchained.biblepay runs on a sidechain. So theoretically it is decentralized, because more than one user can run an unchained instance. Also every comment, every video, and upvote is all on the sidechain in blocks. So Im really not asking an RX miner to forgo decentralization, Im asking them to hold an account on unchained, another words, simply a NickName, with more than one VOTE count per month. (No phone number, no email, nothing else). But otoh, I understand your statement in this capacity: You are removing the ability for any random pool in the world to pull in N amount of hashpower and simply mine BBP. So yes you are correct on that side, that we would be very controversial; in that normal pools would not work for us anymore! Thats sort of what I understand as anti-decentralization - yes, correct.
Now lets look at the big elephant in the room (from my perspective). When we started biblepay, my original goal was to allow commodity PCs to mine this coin, and make a reward from bible-hashing (POBH), and eliminate mining monopolies (like with bitcoin, I think 66% of the activity is generated by asics, which are bought by Chinese pools). Meaning that 99% of us small guys cant really make a profit by mining, we are subject to the monopoly. I would say this anti-monopoly stance is just as important as decentralization. If not more. Look what big-tech and big-media is doing to destroy our country right now (through similar monopolies). This is precisely where my fight is.
If we did this, our small miner would make $30-$50 a month mining, in contrast to if we let the bots and monpolies take over, their income drops to $-1 a month (IE at the energy arb level).
Now, you might argue something very practical to me, like Rob if you let this go entirely free, the way it is now, we might pick up industrial activity and GROW.
What is the evidence of that happening?
So feel free to elaborate on the parts that I might be missing from my end, etc. Thanks for your input also!
