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But it's the first one that's resistant to Sybil attacks without requiring centralization, is it not?
by ric2b 9y ago
But it's the first one that's resistant to Sybil attacks without requiring centralization, is it not?
- rspeer 9y agoOkay, that is true. I am just not satisfied with proof-of-work as a solution there. It makes Sybil attacks unreasonably expensive, by making the entire operation of the chain even more unreasonably expensive. I do like the math behind Bitcoin but I wish it had just remained as a proof of concept.