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This has been wondered for years, usually by people who don't know the purpose of hashing functions. If nuclear fusion models + protein folding were easily veri
by tal8d 6y ago
This has been wondered for years, usually by people who don't know the purpose of hashing functions. If nuclear fusion models + protein folding were easily verifiable, then there would be no point in leveraging distributed computing for them - we'd have the same level of understanding for them as we do for contrived hashing functions. If they somehow also ended up with the difficulty directionality intentionally designed for in cryptography, then that would be fine. But that is pretty unlikely, and in that event your currency is totally hacked and useless.
- Apocryphon 6y agoIt's still nice to dream of all this distributed computing activity going towards tangible real world benefits.
- tal8d 6y agoLike a global realtime financial network that grants participants complete freedom to do as they please with their own money? Yeah.
- Apocryphon 6y agoEvery single word of that description is intangible.
- tal8d 6y agoSo is "free energy" and "cancer cure". Of course Bitcoin's intangibility has tangible benefits this very second, those others do not.
- Apocryphon 6y agoNuclear reactions and chemical formulas are technically tangible.
- tal8d 6y agouh huh, but their tangibility has as much to do with randomly modeling them as a proof of work in a crypto currency - as every potential tangible thing you can spend the currency on. That is to say: none.
- Apocryphon 6y agoPhysics is more tangible than mathematics.
- tal8d 6y agoah, I see the problem now. You should open with that line in all your exchanges, you'd get fewer people trying to explain to you how you're wrong.
- Apocryphon 6y agoActually, the proof of work exists. https://xkcd.com/435/ https://xkcd.com/435/