Satoshi’s visionOriginally, Satoshi Nakamoto had an idealized hope for mining being a democratized way of establishing consensus. This can be seen for example in his famous whitepaper [2] where it says:
'Proof-of-work is essentially one-CPU-one-vote.'
He knew that with the advent of GPU mining, many CPU miners would be kicked out of the network, which would be against his vision of fair, equal and decentralized mining.
We all know that his hopes have not been fulfilled, today Bitcoin is mined on specialized expensive hardware and only those with access to this hardware can participate in mining. After all, Satoshi was not able to solve the issue of centralized mining.
We know that there are many teams working on solving the problem of centralized mining. They tried many methods, but always came up with software and hardware algorithms to solve the centralization problem. In fact, they all ignored an important point: centralization is essentially a question of interest distribution,This is an economic problem that must be solved from a distributional perspective.
Today, We are integrates a decentralized mining pool into the blockchain for the first time. Through two workload proofs, the problem of centralized mining was perfectly solved and Satoshi Nakamoto’s wish was truly realized.
How to solve the computing power center and realize one CPU, one vote?We integrate the concept of mining pools into the block allocation mechanism and use twice proofs of work to achieve true decentralization of computing power.
the twice proof of work technical details:
during the proof-of-work process, once the basic hash requirement is reached, the node will immediately send the currently calculated nonce value to the memory pool (only once per block), and then continue to complete subsequent proof-of-work until Find the block. When a block is discovered, 90% of the reward will be distributed equally to all miners in the mempool, and the remaining 10% will be distributed to the block discoverer. If there is no data in the mempool, the block discoverer will receive all block rewards.
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