increases the barrier to entry === centralization | Hacker News

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		woah on Dec 22, 2015 \| parent \| context \| favorite \| on: Bitcoin's mining difficulty has increased by 41.9%... increases the barrier to entry === centralization

CyberDildonics on Dec 22, 2015 [–]

There are many shades of grey. It creates some centralization, thought incentives of the miners are still aligned with the incentives of the people using the currency.

You seem to be implying total centralization, which is not at all true.

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