[Cryptography] Proof of Work is the worst way to do a BlockChain

Allen allenpmd at gmail.com
Mon Feb 12 19:56:53 EST 2018


>>> I ran into Dwork at a conference
>>> some years later and she agreed that it's too easy to circumvent.
>>
>>Are you referring to the idea of hackers remotely compromising a bunch
>>of computers and using them to compute PoW?
>
> That's one way to circumvent it.  Didn't you read the paper I
> referenced in the message you were responding to?

yes, I read the 9 page paper by Laurie and Clayton that you
referenced, and the only attack I could see to circumvent PoW
discussed in that paper was to remotely compromise computers and use
them to compute PoW.  But you said Laurie and Clayton "hammered stakes
through it" (stakes plural, not just one stake), plus their paper came
much later than the comment by Dwork, so if Dwork had the same idea,
I'm not sure why you credited Laurie and Clayton for "hammered stakes
through it" when Dwork acknowledged an attack much earlier.  So I'm
trying to understand if I missed something, not in terms of who should
get credit for the attacks, but if there are other attacks out there
that I missed.


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