Chia founder: I don’t want its related “farming pool” to have a monopoly

Chia founder: I don’t want its related “farming pool” to have a monopoly

At the Chia official video conference "Chia Pools for Pool Operators" held today, founder Bram Cohen and his team members shared the latest information and progress related to the Chia farming pool protocol.

The Chia team does not want any of its related “farming pools” to have a monopoly. Even if this situation has already occurred in some cases, they will ensure that these large farming pools cannot do evil.

(The "farming pool" is equivalent to the "mining pool" of other blockchain projects. Chia officially calls the process of obtaining block rewards "farming", which corresponds to the "mining" of other projects.) Mariano S., one of the heads of the farming pool protocol program in the Chia team, said that in most mining pool protocols under the Proof of Work mechanism, the mining pool will create blocks and the miners will perform hash collisions. The "creation of blocks" is directly related to the "issuance of token rewards". Under such a mechanism, the mining pool will have great control.


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