throwaway

Could you explain this scenario in more detail? I don't quite understand the last sentence.

I read the Bottle Imp synopsis. Sounds like a great story.

Thanks for the link, very interesting. Do you know what he means here?

Progress-freeness: if proof production has any notion of “percent complete”, even a probabilistic one, then mining becomes a race and a disproportionate advantage is given to large mining operations. This encourages centralization