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Development & Technical Discussion
Re: A useful PoW without replacing Nakamoto Consensus
by
tromp
on
01/12/2022, 21:46:30 UTC
Quote from: ir.hn on
Today
at 05:44:34 PM
This isn't a valid metric because the algorithm determines how many hashes is "alot".
There's more to mining than hashing [1].
Quote
Not so if you double memory req every 2 years then miners would only be able to use the newest cards.
Then you'd want to use a memory-hard PoW that can be instantly verified with no memory, or PoW verification
will be unbearably slow.
[1]
https://web.archive.org/web/20210506232722/http://cryptorials.io/beyond-hashcash-proof-work-theres-mining-hashing/