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by anandsuresh
3219 days ago
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I wouldn't go so far as to call reCaptcha a gimmick. It is an excellent example of how a slight modification/re-mapping of the original problem-space can solve more socially/commercially useful problems. PoW has proven itself in the field for years, while PoS is still untested at scale. Being able to piggyback scientific/medical/environmental computation over a PoW scheme would provide significant value as opposed to a fairly useless compute problem such as the double-SHA256. The key here is to be able to re-interpret/re-state a problem in terms of the PoW algorithm with the following characteristics:
- Expensive to calculate, cheap to validate
- Dynamically-adjustable difficulty An ideal implementation of this would be similar to an OS running an idle process (double SHA256), and switching to running user-processes (medical/scientific computation) when needed/instructed. |
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Sounds like NP-completeness [1]
[1] https://en.wikipedia.org/wiki/NP-completeness