3 ms·
Don'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.
by dnautics 6y ago
Don'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.