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by dontbelieveyou 3834 days ago
He stated PoW was _essentially_ one-CPU-one-vote. It's clear that the intent is to mean hashrate, or CPU power as he phrases it multiple times in the same paper.

> it's not an election, it's more like a random lottery or something.

A random lottery where your odds of winning directly correlate with your CPU power / hashrate. The more you win the more influence you have over the state of the network. Comparing it to a vote is a reasonable analogy.