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Boussac

Re:Proofs of Useful Work [pdf] on Sunday December 24, 2017 @07:30AM (#15999256)
Excellent reminder of why 'useful PoW' is a very bad idea. Furthermore, the value of 'useful' may vary over time to the point where it exceeds the value of mining. That is when a 'useful' corporation takes over mining and decides to kill the chain because 'useful inc.' is promoting its own corporate token (another bad idea: bad ideas generally lead to other bad ideas).