the next cryptocurrency should define "work" in terms of folding proteins, processing seti data, or some other productive activity
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Replying to @jrecursive
@jrecursive@deepak_kannan or you could design a cryptocurrency that doesn't involve a proof-of-work function /cc@matthew_d_green@zooko1 reply 0 retweets 1 like -
Replying to @bascule
@bascule@deepak_kannan@matthew_d_green@zooko what do you have in mind?1 reply 0 retweets 0 likes -
Replying to @jrecursive
@jrecursive@deepak_kannan@matthew_d_green I think@zooko has some ideas around multiparty transaction signing with homomorphic encryption1 reply 0 retweets 0 likes -
Replying to @bascule
@bascule@deepak_kannan@matthew_d_green@zooko over my head -- do you have any background material i can read?1 reply 0 retweets 0 likes -
Replying to @jrecursive
@jrecursive@deepak_kannan@matthew_d_green@zooko http://en.wikipedia.org/wiki/Zero-knowledge_proof …2 replies 0 retweets 1 like -
Replying to @bascule
@bascule@deepak_kannan@matthew_d_green@zooko i don't immediately see how this precludes economic pressures of proof of work; i'll read up2 replies 0 retweets 0 likes -
Replying to @jrecursive
@jrecursive@bascule@deepak_kannan@zooko It's also a guard against Sybil attacks, where one node pretends to be many.2 replies 0 retweets 1 like
@matthew_d_green @jrecursive @deepak_kannan @zooko Sybilproofing seems hard. I have ideas. Not for a cryptocurrency though
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