4 ms·
“Consequently, if the network is attacked, our scheme guarantees security, with algorithmic costs that are commensurate with the cost of the attacker. Conversel
by chj 9y ago
“Consequently, if the network is attacked, our scheme guarantees security, with algorithmic costs that are commensurate with the cost of the attacker. Conversely, in the absence of attack, algorithmic costs are small.”
Hope it works.
- empath75 9y agoThe network will be under attack constantly.
- KirinDave 9y agoBlockchain tech has a lot of potential uses outside of currency. In those fields, the likelihood of a constant foreverwar amongst the contributors is way lower. Also, providing a sliding cost on the network might make the miners agree it's more cost effective to step back from this breakneck energy-use-maximization game they're playing.
- falcolas 9y agoWell, in theory, you could simply alter the number of 0's required for any particular proof. Under attack? More 0's required in the hash. Not under attack? No 0's required. Determining if you're under attack would seem to be the harder part.