|
|
|
|
|
by root_axis
2764 days ago
|
|
PoS doesn't actually work. The wastefulness of PoW mining is what keeps the network honest, without the waste there is no incentive to stay on "the main chain" (i.e. prevent an accidental or malicious fork) since it costs nothing to "mine" every possible chain. |
|
Currently it's a centralized database that anyone can input data into. In this use case you'd simply decentralize the DB.
Blockchains are needed in cryptocurrencies to prevent the double spend problem. There's no double spend problem in logging radio contacts. The incentives to attack are much less too, because there's no value to steal.