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Vitor Pamplona

You don't want proof of work. You want proof of humanity. Those are very different things.

GM.

Fred Johnston 1y ago

Proof of work is proof of humanity.

If you are not GIVING to someone else (which is all work really is) you are not fueling humanity.

It's the HARD reality of - well - humanity. How we got where we are.

The first human that invented a fishing pole, was able to feed himself, and his family/kids and for the FIRST TIME 'sell' that fish to someone else to help them feed their family! While this seems like a simple concept, it was a massive leap for humanity - PROOF OF WORK.

Tell me how they are different -

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Vitor Pamplona 1y ago

Spammers love proof of work. They have the money to pay for any work you want. Bots love work.

Fred Johnston 1y ago

Quite the opposite.

Proof of work prevents the spammers and scammers.

That's why the #Bitcoin network (or world wide computer system - biggest ever) is unbroken in 15 years.

You should read Jason Lowrey's book, Soft War. It's not an easy concept to internalized. I am on my 3rd read through the book. I think the book will have historical value at some point.

I stop in the book when I question something. I research it from other perspectives/views. I have hit some dead ends with Jason where he was 'reaching' but for the most part the general thesis is sound.

From a cellular perspective, a cell eating another cell must have a gain in energy or the 'attack' would collapse life. Proof of work. The cells that do attack other cells without a net energy gain, die - this keeps life progressing with ever more complexity.

Bitcoin brings this same theory to money - or exchange of work/energy between humans. At this point, bitcoin is the purist form of value between humans the world has ever seen.

Proof of work guarantees the strongest miners 'win' increasing the security and scope of the network - driving humanity to the next level. The Bitcoin network is growing like it's an organism evolving in nature - which is why it's following PowerLaws and other naturally occuring physics concepts.

Back to your point, this type of system will stomp out the scammers that are NOT adding true value, either in mining, or through humanitarian benefit in the exchange of Bitcoin for fiat or Bitcoin for someone elses work. Spammers HATE proof of work! 😇

Vitor Pamplona 1y ago

Spammers have much more computing power than humans in this network. It doesn't work. This is not Bitcoin. There is no scarcity here to make spam get more expensive as we go. Having computing power is the opposite of being human.

Fred Johnston 1y ago

Your original argument was proof of humanity, not proof of work.

Bad 'cells' have LOTS of energy. But they die off if they don't have a NET GAIN of energy! Just like scammers die off when they die out due to lack of gain.

Specific to Bitcoin (which is proof of work at it's core) the network that is OUR collective stored energy in time (indefinite I might add -ONLY accessible by you spending it on VALUE added to humanity!) will grow MUCH faster than the scammers because true efficiency gains will drive the size bigger (study Power Laws).

If we see a break in the Power Laws - organic growth - then you will be right. The bad would start to win and the network would start die - JUST like all the SHITCOINS do. Altcooins are just scammers. Digital fiat UNLESS it's directly/electronically/mathematically connected to #Bitcoin/Proof of work!

Thanks for the conversation. Reader can decide on their own!