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- Hello Satoshi,
- I just read your paper on bitcoin, good stuff.. I need to work more on it to crack it open.
- Anyway, I want to know more about the proof of work. I undertand the blocks, block chain, hashes/encryption, how difficulty can be augmented with 0 bits
- at the start, etc..
- But, proof of work.. Can it be anything? Do the other nodes need to know the answer to the problems solved by one computer as proof of work?
- Bitcoin is ok, but it could be something much, much better. Harnessing all that computational power and electricity to do some actual good stuff and at the
- same time keep the contributors motivated to keep going offering them a reward, while maintaining the good stuff of bitcoin aka: anonymity, decentralized
- network, etc..
- Best Regards.
- mrtrousers.
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