Mining Pools & steemit:
Tonight I found myself reading the steemit white paper (again). Still trying to get my head around parts of it. I am wondering if anybody could give me a bit more detail as to this section, it seems a bit vague and presumptuous. Is steemit actually resistant to mining pools, or only in a given set of circumstance? I'd appreciate anybody who can shed a bit more light on this issue. Thanks
From the steemit whitepaper:
"Miners have a total of 3 seconds to receive a block, solve the proof of work, and get the transaction to the next block producer. Much of this time will consist of network latency which means that it is critical for miners to be well connected to the network to make the most effective use of their computational resources.
Because of the constantly changing head block and network latency, forwarding a template for mining a specific block to participants of a mining pool adds additional work latency and reduces efficiency of pooled mining significantly".

p.s - image may not be relevant to this post, but it may have persuaded you to read it ;)
Hi,
check your wallet ! and contact me in steemit chat !
I upvote U