proof of work is not useful for anything except bitcoin
anyone wanna give me a counterargument?
proof of work is not useful for anything except bitcoin
anyone wanna give me a counterargument?
Can be useful as a mechanism to slow down bots
do you want your network to be valuable?
then it will be spammed by the infinity of GPUs out there bro
It was originally made to reduce spam
It’s still good for that
there is a reason why there is almost no proof of work coins anymore
there can only be one network per given hash function
if the hardware can adapt to do several, then the most valuable of the networks will end up dominating and squashing out all the small competitors using the same hash function
i was in the trenches with the shitcoins, watching a shitcoin that used SHA256 and Scrypt hashes get hammered repeatedly by mining pools chasing every bit of pump the coin had, and fucking up the timing of the blocks because of its poorly designed difficulty adjustment
you are all being very naive
if your thing is successful it's going to be plagued by attackers
I’m not talking about other coins.
You know there are proof of work notes on Nostr right?