4 ms·
Creative, but clearly motivated by a false premise and lack of understanding the security and game theory behind PoW. PoW is about physics and game theory. Bitc
by coinward 7y ago
Creative, but clearly motivated by a false premise and lack of understanding the security and game theory behind PoW. PoW is about physics and game theory. Bitcoin is minted from energy, the fundamental commodity of the universe. What the authors claim is waste is actually security.