3 ms·
> If you estimate the world's ability to generate proof of work, you can get a lower bound of how much time must have been passed in order to produce that proof
by preseinger 4y ago
> If you estimate the world's ability to generate proof of work, you can get a lower bound of how much time must have been passed in order to produce that proof, or estimate how much it cost, and you can be as conservative as you'd like, you'll still get a meaningful lower bound of time. Your only assumption is your own estimate
You literally can't! All you can get from this is a lower bound on the _reported_ amount of time. But there's no way, definitionally, to assert any constraint on the _actual_ time. This is my point.
- madacol 4y agoI don't follow, why do you say "reported amount of time"? You can ignore any time anybody ever reported, the only thing you need reported from others are the proof of work accumulated from the attestation block to the latest block
- preseinger 4y agoI think terminology might have gotten mixed up. Maybe my mistake. You can approximate duration, but wall-clock time is unknowable, is my point.