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0 pointsexo7625y ago0 comments

> enough folks will ignore this and keep mining

Irrelevant. Well designed networks are pretty much isolated from whims of miners. Ethereum is one of them, Bitcoin is not. I'm speaking about 2 weeks difficulty re-targeting window vs single block window.

> It replaces it with shell games and chicanery.

Why do you perceive it like that? I would love to hear details.

Ethereum will use hybrid PoS. Where random number generation (deciding who will become next block producer) is separated from deciding who is in the pool of potential producers (anty-sybil defense). First will be decided with commit-reveal scheme unbiased with the use of VDFs, second - with PoS.

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rfd4sgmk8u5y ago· 1 in thread

Sounds like a shell game to me. You know what isn't? Burning energy, using a simple hash function to measure how much energy was burned. Simple, effective, safe. Energy usage is a good thing, actually.

exo762OP5y ago

There is nothing simple about hash functions :-) They rely on unproven mathematical conjecture that one-way functions exist. Their existence would imply that P!=NP :-)

Re: shell game. Are you implying that fraud or misdirection is involved? Some bitcoin scientist should be able to point where it is hidden. Or is it just a claim without evidence?

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