Been stress-testing an idea: replace PoW hashing with a VDF (sequential computation tied to real elapsed time) for block races, keeping everything else Bitcoin-shaped.
The pitch for existing chains like Bitcoin: ASIC advantage under hashing can reach 10,000x+, which is a big part of why mining centralizes around a few manufacturers/pools. A VDF closes that gap differently than memory-hard functions do: it’s not about making parallelization expensive, there’s nothing to parallelize, since each step’s output is required as input to the next. The only lever left is raw sequential speed per core, which is why the advantage bound sits around 3-10x instead of scaling with however much hardware you throw at it which us arguably not a flaw.
Code: https://github.com/Vic-Nas/lapsecoin
Looking for someone to discuss this with.
submitted by /u/Victorio_01
[link] [comments]
