3 ms·
Time lock puzzle, is that a fancy way of saying proof of work?
by keyle 3y ago
Time lock puzzle, is that a fancy way of saying proof of work?
- api 3y agoIt’s like that but usually to decrypt something where the output of a verifiable delay function is a key.
- MaxikCZ 3y agoare there other verifiable delay functions than essentially just proof of work opinionated about hardware capabilities?
- sdfghswe 3y agoIt's a fancy way of saying magic beans.
- mitchellpkt 3y agoThey’re fundamentally different since the standard definition of a VDF is strictly non-parallelizable and P/o/W is generally designed to be “embarrassingly parallel.” It may seem like a minor subtlety but the resulting dynamics are dramatically different. For a VDF it doesn’t matter if you have 1 machine churning away or 1000 machines churning away, it will take you the same amount of time to finish the calculation.