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by kouteiheika
1428 days ago
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> Handshake uses proof-of-work mining Uh, no thanks. If you insist on using a blockchain at least don't make it proof-of-work. It's 2022, and there are plenty of production-ready non-PoW chains out there already. Please stop killing the planet. |
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Wrt to non-PoW system, so far governance for those chains looks closer to a federation (where a few agents control the majority of the network) than to a really decentralised network. In that sense, a proof-of-stake DNS network wouldn't be that different from the current implementation. If such network ever takes off, I wouldn't be surprised if major ISPs, Cloudfare, Google, and a few other players end up owning the majority of the tokens.
[1] Adam Back's 1997 Hashcash, designed to fight email spam and DDOS attacks was based on PoW.