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Re:On blockchains and why secure ledgers don't require proof... by runeks on Tuesday November 07, 2017 @03:44PM (#15647407)
> Proof-of-work solves that problem by putting the network on a trustworthy clock. It’s a kind of computation which takes a predictable amount of time to run, and which can’t be forged by a bad actor.

That’s not right. PoW takes a completely unpredictable amount of time. It’s not about a clock ticking, it’s about making the presence of two incompatible versions of history as expensive as possible, thus forcing the network into consensus.

Re:On blockchains and why secure ledgers don't require proof... by dozzie on Tuesday November 07, 2017 @06:21PM (#15648646)
There's more wrong statements in the quote, like blockchain solving consensus (it's not, it's a document timestamping).