I was as soon as at a net neutrality protest where someone informed me that “we can use the blockchain to escape censorship.” I asked him what he meant and he instructed me that we will use “the blockchain as an ISP”. I informed him I am a programmer and that is senseless to me, but he insisted I look it up so I can see for myself.
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Actually, the parameter L of 2.6.7 will drive nominators not to hitch the most important “mining pool” (i.e., the validator that has amassed the biggest stake), but rather to search for smaller validators presently accepting funds from nominators, or even to create new validators, as a result of this is able to permit the next proportion s’i/si of the validator’s – and by extension additionally the nominator’s – stake to be used, therefore yielding larger rewards from mining. In this way, the TON Proof-of-Stake system really encourages decentralization (creating and utilizing extra validators) and punishes centralization.
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