[Cryptography] A new, more efficient consensus protocol

[jrzx]

The basic fundamental problem is that want to establish consensus on a total order of items added to a pool of data, and you don't want some evil person determining the order he wants by spamming sybils onto the network.

Mining, proof of work, solves this by making determining a total order difficult and expensive, by making participants wade through molasses in order to construct a total order.

Proof of stake solves this by making sure that big hodlers determine the consensus.

Proof of luck, on the face of it, seeming allows a determined participant to manufacture as much luck as he wants.
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