Hi there,I had an interesting idea on how to perform useful compute with proof of work. We could wrap a problem using Homomorphic Encryption techniques. Each node gets a different problem to solve. If the solution matches a certain pattern, they can write the next block (similar to already existing methods).The key difference is that the research institution interested in submitting a job would...
Now, I must point out a few things:
1. Please don't call your solution "Open-source", when you do not have not even the schematics uploaded to github.
2. (this item is an open problem without a solution yet) how do I make sure the source code and the (still missing) hardware information actually corresponds to the hardware I'm buying?
If we do take item 2 seriously, one may say that buying Yubico is actually "safer" than your open-source solution, mainly due to company reputation and credibility.
Again, sorry the harsh words, but I take my keys seriously.