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Author Topic: pig my pork  (Read 833 times)
Are-you-a-wizard?
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August 07, 2011, 01:40:35 PM
Last edit: August 08, 2011, 08:15:57 PM by uniden
 #1

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August 07, 2011, 03:04:26 PM
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With bitcoin the proof of work is done by hashing algorithms. If I understood your concept correctly the proof of work would be done via network transmissions? That'd be trivial to cheat. Just connect 2 nodes with a direct line and transfer junk with 10+ gbit/s. If that even matters. I mean... how to check for that anyway? Maybe I missed your point.

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August 07, 2011, 03:34:48 PM
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In my country and a lot of others downloading copyrighted music and movies is legal as long as there is no profit. I feel that your system could be labeled as profit and therefore rendered ilegal. Not that it matters much, but could be a problem.

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