Re:Tarsnap Support for Bitcoin Ending April First
by cperciva on Monday January 29, 2018 @01:49AM
(#16255778)
I can't exactly take credit for litecoin (and others) using scrypt, given that they did it without my knowledge, endorsement, or advice. (If they had talked to me I would have pointed out that limiting scrypt to using 1 MB of RAM eliminated the entire point of scrypt.)
Re:Tarsnap Support for Bitcoin Ending April First
by pdemporg on Sunday January 28, 2018 @07:55PM
(#16254598)
That is interesting - I guess by using scrypt for passwords you're encouraging crackers not to bother brute forcing (it isn't worth your time), wheras in a cryptocurrency you're actively encouraging that behaviour? Well spotted.
In this post Colin casually speaks out against proof-of-work, without taking any credit for his significant indirect influence on it.