3 ms·

The fact unoriginal repetitive quips like this, which makes them nothing more then sludge, can spam forums is exactly why POW is needed. If you want to be more

The fact unoriginal repetitive quips like this, which makes them nothing more then sludge, can spam forums is exactly why POW is needed. If you want to be more than a child try reading what's considered the first formal POW paper https://link.springer.com/chapter/10.1007/978-0-387-35568-9_18 https://link.springer.com/chapter/10.1007/978-0-387-35568-9_... POW has been used socially by humans forever. It's an important part of trust. It needs to be digitized. Grow up and make the current system better if you don't like it.

Devasta 3y ago
You can't make the current system better, its designed to be as wasteful as possible. If I somehow managed to implement something that made the hashing use half as much electricity, it wouldn't result in any reduction of power usage, instead it would just double the number of hashes and then the difficulty increases to account for that. This isn't difficult to understand if you had thought about it for more than 5 minutes.