Ethereum: Has anyone proposed a human only proof of work system?
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Ethereum: Has anyone proposed evidence of the work system only to humans?
Since the world continues to fight current evidence of work (POW) system restrictions and challenges, the question is: what to do if we needed a system that did not rely on powerful computer processors, such as graphics processing units (GPUs), the application -specific integrated schemes ( ASIC) or even central processing units (CPU)? In this article, we will find out whether anyone has proposed evidence of the work system only for humans and to discuss the capabilities and consequences of such a system.
Problem with current POW systems
The current evidence of work systems, as it was introduced by cryptocurrencies, such as Bitcoin and Ethereum, rely on powerful computer processors to solve complex mathematical equations in exchange for the newly chisel digital currency. While these solutions have proven to be effective in ensuring the integrity of blockchain networks, they have significant limitations. For example:
- The energy consumption needed to operate the current POW systems is stunning, raising concerns about environmental sustainability and network stability.
- The complexity of the computing of some algorithms makes them difficult or impossible to solve even the most powerful machines, including GPU and Asics.
- High energy costs associated with cryptocurrency extraction have forced many users to choose alternative, less energy -intensive solutions.
Only the Human Work System Profit for People Only: Conceptual Proposal
In 2015, a document called “The End of Work Proof, as we know it,” proposed an alternative evidence of the work system that did not rely on powerful computer processors. The concept is based on the idea of using only human machines to solve complex mathematical problems.
The system offered
The proposed system, called “Evidence of Human Jobs” (HPOW), would use a specialized computer network operating on order -made hardware platforms specifically designed to solve mathematical problems. These computers would be programmed to execute a specific algorithm that would require minimal computing resources compared to current POW systems.
HPOW should be the following ingredients:
- ** Only for people intended for people.
- Custom hardware platform : Custom hardware platform for solving mathematical problems with specialized components such as memory, processing units and cooling systems.
3
HPOW algorithm
: Algorithm specifically designed to execute it only for people who need minimal computing resources compared to current POW algorithms.
HPOW Benefits
The introduction of work system evidence only to people could offer a number of benefits:
* Reduced power consumption : Using specialized hardware to solve problems, energy consumption will be significantly reduced.
Increased safety : The use of specialized computer and custom hardware platforms could improve system security by reducing the risk of hacking or other ways to exploit.
* Improved Performance : Only people intended only for people could probably solve complex mathematical problems much faster than current POW systems.
Challenges and Restrictions
While HPOW is an intriguing concept, there are several challenges and limitations that need to be addressed before it can become a viable solution:
* Scalability : Adjusted hardware platform would require significant investment in research and development.
* Costs : The introduction of work system evidence only to humans could be too expensive for many users.
* Availability
: HPOW required specialized computers may not be available to everyone by limiting its acceptance.
Conclusion
Ethereum: Has anyone proposed the evidence of the human work system?
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