Re:Ray Dalio says the government could ban bitcoin
by tekproxy on Monday March 29, 2021 @10:08AM
(#26621790)
Pos hasn't been proven to work yet. Byzantine generals problem was unsolved for years until Bitcoin.
Re:Ray Dalio says the government could ban bitcoin
by ben_w on Monday March 29, 2021 @12:46PM
(#26624580)
Not so, RSA signed messages were suggested in 1999: http://pmg.csail.mit.edu/papers/osdi99.pdf
I specifically pointed out that it's not about banning bitcoin. Make bitcoin a PoS. You can keep trading, you can keep being decentralized.
bitcoin and PoW are separate. bitcoin *can* be updated.
Why so defensive on PoW?