<html><head><meta http-equiv="Content-Type" content="text/html; charset=us-ascii"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">Hi Vincent,<br class=""><div><br class=""><blockquote type="cite" class=""><div class="">On Jan 14, 2021, at 6:55 AM, Vincent Strom via cryptography <<a href="mailto:cryptography@metzdowd.com" class="">cryptography@metzdowd.com</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><div class="">Dear all,<br class=""></div><div class=""><br class=""></div><div class="">In case the link in my previous post is not working, the paper is also available at <a href="http://proofofluck.org/paper.pdf" class="">proofofluck.org/paper.pdf</a>. I'd really appreciate if you could take a look and let me know what you think.</div></div></blockquote><br class=""></div><div>Section 2 is rather difficult for me to understand. Could you explain in simpler language what prevents someone from mining away using faster hardware to increase their odds of winning? How is this different from PoW?<div class=""><br class=""></div><div class="">Thanks,</div><div class="">Greg</div></div><br class=""></body></html>