[wyager]

>the fastest number cruncher wins.

What's the issue with that? It's reasonable to assume that the good number crunchers will always have more power than the bad number crunchers, and if that assumption ever fails, it's easy to detect and we're simply back to CA levels of security.

[dvanduzer]

Philosophically, "good number crunchers" just means "tyranny of the majority."

Environmentally, that number crunching is a colossal waste of energy. We don't need to base our entire economy on that kind of energy footprint just because we occasionally want to make anonymous global barter convenient.