I surmise that the hashpower competition aka mining for new coins (er, cash) inheritently emboldens those who have capital and thus feeds monopolization both from existing encumbants from fiat world (who can enter the competition anytime) and early adopters who already have more than a fair share of newly minted BCH.
This contrasts with the supposed freedom centric stick-it-to-the-man individual-empowering notion that Bitcoin in general was founded upon.
As such, should we not consider a new proposal to adjust the minting procedure ? That features ‘anti industrial scale mining’ as its’ prime directive; the intention to spread newly minted BCH to ‘the average man’ instead of corporations or fat cats.
If I was to make such a proposal, I might suggest the feature be implemented as a minting lottery. Rolled out gradually to slowly wane miners off the running tap of new BCH which is by the way something they need to do when the amount of BCH runs out anyway (albeit in 2040 or whatever is the projected year for BCH).
But implemented fully, the proposal would reward ‘individuals’ instead of miners (though miners would still get payout for fees).
Definition of ‘indvidual’ TBD but it needs to be some reliable/secure way to identify ‘the average man’. For now, let’s just say an individual is anyone who has downloaded a wallet that has recently implemented this feature; let’s call it a ‘superwallet’.
Now, when a new block is mined - instead of assigning the newly minted BCH to the winning miner, the BCH is randomly awarded to a superwallet user. And gone from the equation is the confict-of-interest mining industrialization monopolization factor.
I’m not saying this is a perfect solution or that it is even possible - you tell me; I’m eager for feedback and also alternative ideas or existing currencies that may already have some shape or form of ‘anti industrial scale mining/minting’ built in. I know for example Monero has its RandomX algorithm which is CPU friendly with basically this intent in mind. But I don’t necessarily think that is the best solution not to mention Monero’s unauditable chain. So hopeful to see other examples so ‘this reseach’ can continue or even conclude in some form or another.