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by MrNeon
978 days ago
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Computation is not evenly distributed and changes with time in allocation. As a generality. I will NOT grant you this. Please, give me actual technical details on WHY it requires ever increasing compute. You've said network security, what about it requires ever increasing compute. |
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You can read the paper and understand the principles it is based on, which is rooted on balancing computational asymmetry amongst other concerns across a network of computers. On the most simple level, if you are aware of hashcash and sybil resistance you should be able to figure it out.
If you're still confused: then answer yourself the question why does the bitcoin algorithm adjust to computational power?