Re:Ask HN: What Is the “HN” of “Web3”, Crypto, DeFi, NFT, etc
by bflesch on Sunday November 07, 2021 @10:31AM
(#29140241)
I think it would be good to find an alternative to "proof of work" (bitcoin) and "proof of stake" (ethereum). It should be called "proof of traffic", basically a crypto coin which anonymizes internet traffic for everyone. If such technology is possible, it would merge the ideas of TOR and Bitcoin, while rendering VPN providers obsolete. It would also have societal benefit through anonymity.
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Re:Ask HN: What Is the “HN” of “Web3”, Crypto, DeFi, NFT, etc
by neilalexander on Sunday November 07, 2021 @11:37AM
(#29140905)
Not for anonymity, but it sounds like you’re describing https://pkt.cash/ otherwise. The “proof of work” is bandwidth-hard.