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Or even further, keep the internal economic work:payment model consistent. All work pays equal tokens. Computational work = constant payment. Unfortunately no

Or even further, keep the internal economic work:payment model consistent. All work pays equal tokens. Computational work = constant payment. Unfortunately no one has been able to create an algorithm which creates valuable compute work. Satoshi's Proof-Of-Work is more like Proof-of-Capital-Burning ÷ time passed ÷ sum of all users and capital burning in network PoW is effectively guessing a random number. Nonce-cents

gruez 9y ago
>Computational work = constant payment. With moore's law, that would result in hyperinflation. Who wants gold if the amount that is mined doubles every 2 years?
- nosuchthing 9y ago
  Gold? Computational work is not Gold. Database tokens acquired though a software game of number guessing (Satoshi's PoW algorithm), rewarding less and less as the number grows larger would be more akin to fools gold.