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by nisa 4530 days ago
Rendering a movie is not suitable as a proof of work function. It's probably very difficult to design a mathematical framework to verify that you really rendered the movie and not just send garbage back in exchange for coins.

At the moment most Coins use either one or multiple hashing functions¹ or prime chains² as proof of work system³.

1: https://en.wikipedia.org/wiki/Hashcash

2: https://en.wikipedia.org/wiki/Primecoin#Proof-of-work_system

3: https://en.wikipedia.org/wiki/Proof-of-work_system

2 comments

An additional problem is that the rendered images will leak.
Thank you! Exactly the answer I was afraid of.