From 4e9efe6fcafef6c0246069a4696a92fb60080c6c Mon Sep 17 00:00:00 2001
From: Hardhat Chad <155858888+HardhatChad@users.noreply.github.com>
Date: Fri, 8 Mar 2024 09:11:00 -0600
Subject: [PATCH] Update update_admin.rs

---
 src/processor/update_admin.rs | 14 ++++++++++++++
 1 file changed, 14 insertions(+)

diff --git a/src/processor/update_admin.rs b/src/processor/update_admin.rs
index 7815e98..4e0c406 100644
--- a/src/processor/update_admin.rs
+++ b/src/processor/update_admin.rs
@@ -11,6 +11,20 @@ use crate::{instruction::UpdateAdminArgs, loaders::*, state::Treasury, utils::Ac
 /// Safety requirements:
 /// - Can only succeed if the signer is the current program admin.
 /// - Can only succeed if the provided treasury is valid.
+///
+/// Discussion:
+/// - The admin authority only has one lever of power: the ability to adjust the global 
+///   mining difficulty. If the difficulty is too easy, miners will find hashes very quickly
+///   and the bottleneck for throughput shifts from local compute to Solana bandwidth. In essence,
+///   if the Ore token has value and difficulty is low, mining becomes an incentivized stress
+///   test for the Solana network. 
+/// - At the same time, if difficulty is too hard, miners will have to wait very long periods
+///   of time between finding valid hashes. This will bias rewards to well-resourced miners 
+///   with large compute operations. Keeping a low difficulty ensures casual miners can 
+///   consistently earn rewards and undercuts some of the advantage of larger players.
+/// - Ultimately admin authority should be delegated to a governance mechanism – either 
+///   democratic or futarchic – to ensure difficulty is kept at a value that represents the 
+///   interests of ecosystem paricipants. 
 pub fn process_update_admin<'a, 'info>(
     _program_id: &Pubkey,
     accounts: &'a [AccountInfo<'info>],