4 ms·
Proof of work does not depend on the DLP. It depends on SHA.
by darawk 6y ago
Proof of work does not depend on the DLP. It depends on SHA.
- nickysielicki 6y agoPoW is just a filter to prevent denial of service attacks, to ensure that if you're a bad actor, you'll waste electricity to send bogus messages. But if the DLP is easy, then anyone can fabricate proper ECDSA sigs, and you're not wasting electricity to send bogus messages, you're wasting electricity to send valid messages. The point I was trying to make is that there is no migration path from ECDSA. You can't fork bitcoin if the DLP is easy. It's just game over. Proof of work becomes irrelevant.