PoWx-trying to create an antimonopoly algorithm

in #bitcoin6 years ago (edited)

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IMG Souce
I won't say I am in support of this plan but it would be interesting to see.

Currently POWx both have the support Bitcoin Core (the main node client of Bitcoin) contributor Luke Dashjr and pseudonymous bitcoin.org maintainer Cobra, two influential figures in the space who are also both known for espousing controversial points of view.
This new tech is called "optical" proof-of-work.

I have no idea how it even works.
I looked at this: https://static1.squarespace.com/static/5b3a78ced274cb0fa129ac81/t/5b3b169488251b554c4fc7ea/1530599066033/PoWx.org+Presentation.pdf
and this:
https://prezi.com/syeveikuh24e/powxorg/?utm_campaign=share&utm_medium=copy
and https://www.coindesk.com/powx-the-new-effort-to-change-bitcoin-and-whos-backing-it/

They don't say how oPOW works just saying that we need an alternative...

While Bitcoin might not care about it now, this is a nice backup plan just incase. If bitcoin ever needs to do a change it can just switch to OPOW.


Here an interview with the founder:

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