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?
Topic: What if a perfect hash function will be invented, what will happen to Bitcoin? (Read 122 times)
April 12, 2018, 05:19:14 AM
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