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April 12, 2018, 10:19:14 AM |
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By "perfect hash function" I mean a hash function which is:
1. Can be done only by a human. 2. Can be done in predictable time. 3. Can be verified instantly by computer.
For example, it can be thought as a CryptoNight variant, not vulnerable to botnets.
If such a Proof of Work function applied to Bitcoin: Will mining pools disappear? Will decentralization increase? Will network survive when amount of active miners will be millions?
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