Proof of Work Debate
Discussions center on the merits, criticisms, energy waste, and alternatives to Proof of Work (PoW) consensus in blockchain and cryptocurrency systems, including ideas for making PoW perform useful computations.
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You’re referring to Proof Of Work (PoW). There are other methods which aren’t energy sinks.
Isn't this just proof of work?
Apparently they have some sort of proof-of-work system going on.
Proof of work is not fundamental to crypto
Proof of work isn't necessary. Rationing works too.
Isn't there some way to combine proof of work and actually useful work?
Could you elaborate on how this could be proof of work?
Crypto based on proof of work is wasteful by design, but there are other approaches that might benefit humanity in the end.
energy is not wasted by proof of work, it is valuably expended to achieve the immutability of the ledger
Something like this can be used for "proof of work" in the blockchain world.