blocksmith on Nostr: Proof of Work is an example of provable waste. Many PoS maxis don’t understand the ...
Proof of Work is an example of provable waste.
Many PoS maxis don’t understand the handicap principle.
The more waste involved in a signal, the more reliable the signal is.
Which is why my profile pic is that of a buck with big antlers and my cover is that of a peacock.
It’s a symbol for proof of work in Bitcoin which is a technical implementation of provable waste not unlike what occurs in nature.
“Even parties in the most adversarial relationships, such as prey and predator, may communicate, provided that they have a common interest…”
Many PoS maxis don’t understand the handicap principle.
The more waste involved in a signal, the more reliable the signal is.
Which is why my profile pic is that of a buck with big antlers and my cover is that of a peacock.
It’s a symbol for proof of work in Bitcoin which is a technical implementation of provable waste not unlike what occurs in nature.
“Even parties in the most adversarial relationships, such as prey and predator, may communicate, provided that they have a common interest…”