Blockchain at Berkeley

Re:Blockchain at Berkeley by simias on Saturday June 24, 2017 @05:20AM (#14624990)

Yeah the proof of work is probably the less elegant aspect of it all, I can agree with that. But theoretically you could replace by any other function that's difficult to compute but easy to verify. Maybe it's just a solution in search for a problem.

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Re:Blockchain at Berkeley by ufo on Saturday June 24, 2017 @12:24PM (#14626109)

I don't understand how that would fix proof of work. The whole point is that the voting power is proportional to how much computational power you are willing to burn away, in order to protect against Sybil attacks.

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Re:Blockchain at Berkeley by simias on Saturday June 24, 2017 @12:35PM (#14626178)

I was thinking that eventually we may discover a proof of work that would actually compute something useful instead of burning electricity away. One can hope at least.

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Re:Blockchain at Berkeley by arthurcolle on Saturday June 24, 2017 @05:55PM (#14627653)

Ethereum

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Re:Blockchain at Berkeley by xg15 on Sunday June 25, 2017 @04:11AM (#14629128)

I'm not savvy in the technology, but are the contracts actually executed as part of mining?

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