[JohnFen]

> It sounds like a proof of work rate limiter similar to something hashcash. I don't think it will stop a bot machine, just make it very expensive to use

Ah, OK. I was wondering the exact same thing as toxicFork. This makes some sense. It's a shame they don't explain it on their website.

But then the natural followup question: why do they keep mentioning blockchain? What's that bringing to the table? If it's just about soaking up processing time, then surely anything computationally heavy would do the trick, so why include something that would set off some people's alarm bells?