Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: Improved Measurement of Proof-of-Work using entropy
by
IShishkin
on 11/03/2023, 06:15:35 UTC
⭐ Merited by gmaxwell (2)
This paper POEM: Proof-of-Entropy-Minima (https://arxiv.org/abs/2303.04305) was just published to arxiv.  It seems like a much better way to measure the heaviest chain tip as well as minimize time to resolve orphans.  It can instantaneously resolve 67% of orphans rather than having to wait for the next block.  Additionally, it seems to have better finalization time guarantees for a given hash.  Also, it has an equation that relates to finalization that would create objective measurable preference between different hash functions.

No, it's not. The author has made a very common mistake. This mistake is a consequence of a superficial understanding of probability theory.

Satoshi has made a good job and his calculation of chain weight is correct.

If you disagree with me we can dive into details.