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> Mining HNT with Hotspots is done via radio technology, not expensive or wasteful GPUs. > Hotspots work together to form a new global wireless network and und
by dane-pgp 5y ago
> Mining HNT with Hotspots is done via radio technology, not expensive or wasteful GPUs.
> Hotspots work together to form a new global wireless network and undertake ‘Proof-of-Coverage’.
Okay that's actually quite clever. I've previously wondered why no one has tried a similar idea for wired networks, implementing "Proof of possession of IPv4 address". It may be possible for a nation state to take control of a large IP range for some short period of time, but I don't think it's plausible that even conspiring adversaries could control 51% of the internet for a week without anyone noticing.
- mNovak 5y agoThe "proof" part of proof of coverage is very weak in Helium currently. Clearly most people are in good faith, but it is inherently vulnerable to Sybil attacks, because there's a chicken and egg problem with starting a new group of hotspots in an area with no external 'trusted' hotspots to validate them.