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Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by keymone on Friday November 10, 2017 @09:58AM (#15670237)
> earned credit toward proof of work in my example

they both did work, they didn't yield any proof of it.

> Say I swap in a universal simulation from the Big Bang instead of SHA2

if you have an idea - express it in pseudocode. what is your `f(candidate)` here? what is the return value? how does return value ties in "is candidate valid" and "simulation data" in a way that prohibits modifying source code to only do "is candidate valid" part?

you're trying to handwave your way through some of the most complex questions in computing. "what if we just swap sha2 for blah, where blah is something that solves humanity's problems" - well sure, let's do this, show me the code.

> Why would incentive drop to zero to search the space?

because the axiom we're operating with is: though shalt not run ledger security code without "useful" code. as soon as the problem is solved - nobody secures the ledger anymore.

> why you’re scare quoting important

because you're forcing upon me what i should consider important problems humanity has to solve. your opinion is that distributed ledger isn't one of them. your opinion is wrong.

Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by jsmthrowaway on Friday November 10, 2017 @10:33PM (#15674864)
> your opinion is that distributed ledger isn't one of them. your opinion is wrong.

How many times do I have to say in a single thread that this is not, and will never be, my opinion?

Re:BitTorrent inventor announces eco-friendly Bitcoin compet... by keymone on Saturday November 11, 2017 @10:15AM (#15676645)
3 options here, pick one:

- acknowledge the fact that ledger has value and therefore corresponding amount of resources are OK to be assigned to that valuable problem

- admit that no resources should be assigned to ledger problem because there are more important ones

- present your formulation of compound "important" and ledger problem such that it satisfies the conditions i mentioned above

am i missing anything?