4 ms·
It is if that work is only a byproduct of a system such as described in the article. It's essentially "free" computation, even if it is only in tiny chunks. If
by JonnieCache 16y ago
It is if that work is only a byproduct of a system such as described in the article. It's essentially "free" computation, even if it is only in tiny chunks. If the system became widespread, it would quickly add up. And why not?
- JoachimSchipper 16y agoFor most applications of a proof-of-work system, you need to be able to verify the results quickly,. In addition, while the aggregate CPU power is pretty hefty, communication overhead is huge. There are not many useful problems that fit these constraints.