It wouldn’t be crazy to wonder about a future where everyone just owns a thin client, and uses it to access their “PC” located in a remote server (like AWS). This would erradicate Proof of Work, as cloud service providers could easily prohibit the use of their systems for mining, and that is definitely enough to at least keep the average Joe away from contributing to the network = less descentralization.
With the rapid growing of faster, high coverage, low latency and (eventually) cheaper internet (thinking about technologies like Starlink, or future iterations of 5G) One could see this, in the long term, becoming the norm. So, if proccesing power does become more and more centralized, what would happen to Monero? Would it be able to adapt somehow?
Obviously no one can predict the future, i know that asking stuff like “Omg what if a meteor strikes earth, would Monero survive?!?” is ofc totally pointless. But I’m asking this because i believe in the fairly high possibility of computing becoming a service, and i just don’t imagine how an ASIC-resistant, Proof of Work crypto, would remain descentralized in this context.
Thanks for reading.