BitTorrent inventor announces eco-friendly Bitcoin competitor Chia

Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by kiddico on Wednesday November 08, 2017 @04:37PM (#15657324)

Thanks for the explanation. Does the proof of storage allow that storage to continue to be used?/does the proof use the space on a disk?

Or is it sort of like mining bitcoin where a gpu is wholly used for mining?

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Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by tzahola on Thursday November 09, 2017 @05:05AM (#15661192)

Certainly the latter.

I can imagine proof of space implemented by requiring nodes to store terabytes of random bytes, and compute the hash of specific subsets of this huge blob based on the last block in the ledger.

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