[Cryptography] I am not against good cryptocurrencies. I just don't think you can build one with a block chain protocol.

Karl gmkarl at gmail.com
Sat Jan 2 18:30:42 EST 2021


>> Also, proof of work is the stupidest idea ever.
>
> Why do you think it’s stupid, Ben?

I'm not Ben, but, doesn't proof of work produce
exponentially-increasing economic pressure for people to break leading
cryptographic primitives, and to not publicize their research, as
their financial rewards disappear if they do?


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