4 ms·
Even if you have people doubling or tripling up the work on something useful, the end result is infinitely more useful than bruteforced hashes.
by Forbo 6y ago
Even if you have people doubling or tripling up the work on something useful, the end result is infinitely more useful than bruteforced hashes.
- deleted 6y ago[deleted]
- dnautics 6y agoDon't forget that the usefulness of brute forced hashes is that it lets you have decentralized trust, so, you may be off by a factor of infinity.
- Robotbeat 6y agoDecentralized trust on Bitcoin is an illusion in practicality. There are trust bottlenecks all over the place when most people go to use it. It’s ultimately a quixotic goal. So compromising a bit on mathematical decentralized trustlessness to accomplish some of the other goals of cryptocurrency while addressing the massive waste is a valid goal IMHO.