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

[sickpig at gmail.com]

Hi,

On 18 Feb 2018 10:54 pm, <jamesd at echeque.com> wrote:

On 18/02/2018 13:35, Phillip Hallam-Baker wrote:

    Basically the bad guys have more computers than the good guys ! (some of
    which they have stolen, but spam is lucrative enough that they can
    afford to buy them anyway -- so all you will ever do is to freeze out
    low profit-margin spam).


There is a huge amount of low profit-margin spam.

However a better system would be pay to send, be paid to receive.


earn.com does exactly that already and it is based on Bitcoin.
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