Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
Fuserleer
on 11/01/2016, 21:19:59 UTC
Of course they do, they cost energy!  What else would it cost?

I explained this in brief up thread, if you didn't read it, do so, if you need more detail, post back after.

What energy? I can't find where you describe how it works.

What exactly do you want to know? :|

I'm a little confused.

A presents a challenge to B.  B has to spend CPU time to solve it and present the solution to A.  The problems are not trivial and will result in B spending CPU time solving it.  These problems could be anything from a simple hash target like Bitcoins, to more exotic work challenges that consider a number of data sets.

If B has too many connections open, he will get more challenges than he can process and will not be able to provide the results in time.  Should A decide to make a transaction before B has provided the solution, B will not be eligible for an endorsement.