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by TeMPOraL 3071 days ago
Somebody would put a layer allowing forks on top of that anyway, for one reason or other. Physical layer has only so much impact on abstractions built on top of it.

(Also, please don't. It's enough that crypto starts to show up in global energy use statistics; we don't need for it to also crowd out the RF spectrum.)
1 comments
viach 3071 days ago
With this kind of radio you don't need to rely on P2P peers only. It becomes impossible to hide information (the best chain in case of cryptocurrency). Also, crypto shouldn't be necessarily energy based, it can use proof of stake.
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TeMPOraL 3070 days ago
> With this kind of radio you don't need to rely on P2P peers only.

> It becomes impossible to hide information (the best chain in case of cryptocurrency).

That's only because of... the law (something crypto people usually want nothing to do with). The reason amateur transmissions are not encrypted isn't technical, it's that the laws regulating amateur radio service forbid it explicitly.

> Also, crypto shouldn't be necessarily energy based, it can use proof of stake.

I'll believe it when I see it. To the best of my knowledge, there isn't any working, at least minimally tested, and actually deployed implementation of PoS anywhere. Moreover, from what I read around the block, there's a good reason to suspect that you have to waste energy somewhere in the process to ensure trust in, and integrity of, the blockchain. Some people actually think it's a feature...

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viach 3070 days ago
> The reason amateur transmissions are not encrypted isn't technical, it's that the laws regulating amateur radio service forbid it explicitly.

It shouldn't be encrypted. The only (and the most important) thing which needs to be transmitted globally is the hashes of the several last blocks. It is not possible to "decrypt", so from my understanding, it's not "encrypted" information.

> I'll believe it when I see it.

Bitshares, NXT, Reddcoin, to name a few.

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