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Title: Why not a Network based POW algorithm Post by: alquinte on January 13, 2014, 05:41:10 AM So when looking at POW algorithms I stumbled upon this guy on wikipedia: http://en.wikipedia.org/wiki/Guided_tour_puzzle_protocol (http://en.wikipedia.org/wiki/Guided_tour_puzzle_protocol)
Has an alt coin ever been made with this idea in mind? If not would it be possible? It looks like it could be a fair way to distribute coins without taking up so much computer resources (although I guess it could become a bandwidth arms-race instead). You guys have any thoughts on benefits/drawbacks? |