Re: [bitcoin-dev] Reducing energy consumption and increasing security at the same time

2019-12-09 Thread Cheng Wang via bitcoin-dev
<= (block_size - metadata_size) / N. > > Best regards, > Runchao > > Date: Sun, 8 Dec 2019 11:43:49 +0100 > From: Cheng Wang > To: bitcoin-dev@lists.linuxfoundation.org > Subject: [bitcoin-dev] Reducing energy consumption and increasing > security at the same time >

Re: [bitcoin-dev] Reducing energy consumption and increasing security at the same time

2019-12-08 Thread Runchao Han via bitcoin-dev
bitcoin-dev@lists.linuxfoundation.org > Subject: [bitcoin-dev] Reducing energy consumption and increasing > security at the same time > Message-ID: > > Content-Type: text/plain; charset="utf-8" > > Hi Everyone, > > I would like to share my serious

[bitcoin-dev] Reducing energy consumption and increasing security at the same time

2019-12-08 Thread Cheng Wang via bitcoin-dev
Hi Everyone, I would like to share my serious work on reducing the energy consumption of PoW without sacrificing security. My new type of algorithm is called PoLW. For a practical system where mining is profitable, PoLW could actually improve the security of the system. The idea is to shift part