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>"Programs that don't require brute-force commonly use many times less energy than programs that do rely on brute force." Can you give an example of a program
by nonbel 8y ago
>"Programs that don't require brute-force commonly use many times less energy than programs that do rely on brute force."
Can you give an example of a program that gives similar results?
- antonvs 8y agoMany of the things that people want to use smart contracts for can be implemented using a model involving some degree of trust between vetted participants. Anything involving a distributed value chain for an industry, for example.
- nonbel 8y agoHow much energy does generating this trust require?
- maxxxxx 8y agoDo you think these questions are clever? How about YOU give an example for a crypto use case that can't be achieved with traditional methods?
- nonbel 8y agoIt is a currency that acts like gold over the internet, ie no chargebacks and (is expected to) appreciate over time as more dollars/etc are created.
- whiskers08xmt 8y agoA digital, decentralized currency. If you want to solve the double-spend problem, you need some kind of economically incentivized block inclusion lottery.