2013-06-24 TheMisesCircle.org - The Proof-Of-Work Concept

[Stephen Gornick]

The Proof-Of-Work Concept
by Daniel of @misescircle

This concept, which grew out of ideas from the early cypherpunk movement1, is new to monetary theory and feels a little out of place in computer science too. I will show that biology gives us the most suitable framework for understanding it.

 - http://themisescircle.org/blog/2013/06/24/the-proof-of-work-concept/

[bobsmoke]

The Proof-Of-Work Concept
by Daniel of @misescircle

This concept, which grew out of ideas from the early cypherpunk movement1, is new to monetary theory and feels a little out of place in computer science too. I will show that biology gives us the most suitable framework for understanding it.

 - http://themisescircle.org/blog/2013/06/24/the-proof-of-work-concept/

Wow, awesome!

[prophetx]

great article, worth a read