Tuesday, June 10, 2014

Is it possible to create other cryptocurrency without accepting any mining pools into its ecosystem?

Or why pools even exist in such centralized way? 1st reason - it's because it is not possible to benefit from mining if you are doing it alone.

If there someone would created such cryptocurrency which divides rewards in micropayments to each miner, then that would be way more honest system.

How to make it possible to accomplish it technically?
Decentralized pool as part of solution.
What if we are introduced the pool for Bitcoin which affords us to automatically award all miners their incomes? At the end of the day are the commissions spent on transactions by currency users are also divided on every pool member?


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