On Mon, Jan 26, 2009 at 9:40 AM, John Gilmore <g...@toad.com> wrote: >> > If POW tokens do become useful, and especially if they become money, >> > machines will no longer sit idle. Users will expect their computers to >> > be earning them money (assuming the reward is greater than the cost to >> > operate). > > Computers are already designed to consume much less electricity when > idle than when running full tilt. This trend will continue and > extend; some modern chips throttle down to zero MHz and virtually zero > watts at idle, waking automatically at the next interrupt. > > The last thing we need is to deploy a system designed to burn all > available cycles, consuming electricity and generating carbon dioxide, > all over the Internet, in order to produce small amounts of bitbux to > get emails or spams through.
Richard Clayton and I claim that PoW doesn't work: http://www.cl.cam.ac.uk/~rnc1/proofwork.pdf --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to majord...@metzdowd.com