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A blockchain created for the purpose of controlling the decryption process.
A blockchain created for the purpose of controlling the decryption process.
There are much, MUCH better ways of a group controlling a decryption process than the block chain.
So ... people with massive amounts of computing power can decide what to decrypt? Isn't that the exact opposite of what we want?
> people with massive amounts of computing power can decide what to decrypt?
No. That would be proof of work.
You're thinking of proof of work. Proof of stake means people with lots of money (cryptocurrency) can decide what to decrypt. Which is imo even worse.