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Blockchains don't have to contain proof-of-work as long as the values in the chain itself aren't valued in and of themselves over longer time periods. In Bitcoi
by kordless 11y ago
Blockchains don't have to contain proof-of-work as long as the values in the chain itself aren't valued in and of themselves over longer time periods. In Bitcoin, a cryptocurrency built using a blockchain, the values represent debt owed to someone in exchange for a real world item, and that debt stays active for the life of the entry. There are a slew of proof-of-somethings that allow blockchains to become cryptocurrencies. I don't exactly ascribe to these ideas of value store as related to compute provisioning, but I suppose there could be some actions which might benefit from it, such as certain types of licensing.
That said, triggering provisioning using cryptocurrencies is likely to be a thing at some point.