BitCoin emerged as the financial revolution and shocked all banks, governments & other concerned institutions. Having a universal currency is not a distant dream now but with the technological advancements in the field of mining, original dream of "The Great Satoshi Nakamoto" also got disrupted. In his whitepaper he mentioned - "Proof-of-work is essentially one-CPU-one-vote." Please refer to the snapshot from original whitepaper below - Now all those who think ByteCoin is fork of BitCoin, Its not. These are two entirely different codebases actually. Bytecoin (BCN) has a very different proof of work, called CryptoNight. As referred above, Satoshi’s whitepaper states that one CPU should be equal to one user vote. However, his assumption did not hold, since FPGA farms and ASICs were soon to emerge and provided their holders with extreme advantage over other users. There have been several unsuccessful attempts to address this issu...
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