3 ms·
Excellent reminder of why 'useful PoW' is a very bad idea. Furthermore, the value of 'useful' may vary over time to the point where it exceeds the value of mini
by Boussac 9y ago
Excellent reminder of why 'useful PoW' is a very bad idea. Furthermore, the value of 'useful' may vary over time to the point where it exceeds the value of mining. That is when a 'useful' corporation takes over mining and decides to kill the chain because 'useful inc.' is promoting its own corporate token (another bad idea: bad ideas generally lead to other bad ideas).