Sentences with phrase «more processing power concentrated»

Computers and smartphones are simply bridges to more processing power concentrated elsewhere.

Not exact matches

As I describe in Survival +, there is a positive feedback in the process of concentrating wealth and thus political power: the more wealth one acquires, the more political influence one can purchase, which then enables the accumulation of even more wealth as the State / Elite partnership showers benefits and monopolies on those who fund elections, i.e. the wealthy.

But Bitcoin Unlimited's larger blocks would require more computing power, storage, and network bandwidth to process, which could concentrate mining in fewer hands, making the system both less secure and less democratic.

Because the computer power required to process larger blocks could price out some smaller miners, critics worry that adopting Bitcoin Cash's approach will lead to power being concentrated in the hands of companies that can afford more and better equipment.