Comment on “Proof-of-work” proves not to work for spam prevention (2004) [pdf]parentComments−jayd164yI guess to some degree waste is value judgement but by definition POW is never not incredibly expensive relative to the value it provides.It needs to always be expensive or the system is vulnerable to a sudden burst of new and malicious workers.
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I guess to some degree waste is value judgement but by definition POW is never not incredibly expensive relative to the value it provides.
It needs to always be expensive or the system is vulnerable to a sudden burst of new and malicious workers.