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> I'm guessing whatever system has faster compute cycles will win the race of who hashes first? Will you be able to tell who's hash gets there first Yes, but i
by david_at 8y ago
> I'm guessing whatever system has faster compute cycles will win the race of who hashes first? Will you be able to tell who's hash gets there first
Yes, but it's not just about hashing power though. And there's no nonce like Bitcoin. It's mostly about deep learning inference power. You can see the process described on the website under "Unrewriteable History And Reasonable Storage Requirements" (though I'll probably change that title soon and call it "[something] Merkle Tree"). I've copied the last bullet point here...
* The process of producing the next Merkle Tree is a competition any node can compete in. A person who cultivates real trees is an Arborist so we'll use that term. Our "arborists" will also need to perform inference on the frames that were randomly selected for evaluation based on the last Merkle root, and will need to publish each frame's digest tuple and the "reserved digest" (see diagram). If the original node holding the reserved digest signs the arborist's digest, it generates that node's reward coins and a percentage goes to the arborist. But that will only propogate if that arborist's tree is also accepted by a majority of the network. Therefore, as long as (1) there is always active competition to compute the Merkle Tree by statistically verifying the work of all other nodes and (2) over 50% of every active node prevents inflation of the money supply by rejecting trees that don't pass their proof-of-work, then all rational (self-interested) nodes will have to be honest.