Hacker News new | ask | show | jobs
by beeflet 221 days ago
The network does not elect a leader. that is a mischaracterization of the PoW process.

It's not like you are hashing based on your public key or something and then you get to sign a block afterwards. You have to commit to a block template before every hash. And also the miner is decided randomly by a weighted hashrate.

Imagine applying this to anything else. The group with the most (extremely specialized) computer power just gets to decide everything?