Instead of using network hashrate to solve blocks, could it be put towards something of benefit such as folding proteins? Could this be something that the network could vote on how to allocate the miners? For how advanced this project is, it seems primitive in the crypto world to just do PoW on blocks.
i think it's impossible. the only memoryless distribution is the uniform distribution, therefore we must have maximum entropy (=minimum usefulness) in order for everyone to have a fair chance to mine.
Okay that is reasonable. Are you familiar with the IOTA project and how they have created a blockless distributed ledger? It seems like if we do have to have blocks, and they have to be specific to doing Tau work, then the system design could be better. I have no practical experience in this, so my thoughts could easily be worthless on the subject.
