Proof of space is just as poor an idea as PoW, because if it takes off it will drive up demand and prices for hard drives, creating the same incentives around them as there is currently around GPUs.
The whole idea of creating artificial digital scarcity by basing it on physical scarcity of resources is just horrible.
Hardly. It's not about scarcity for PoS+T. The pollution, heat, and energy waste of Proof of Work far outweigh and minimal change in the cost of storage that PoS+T might bring.
Nursie|4 years ago
The whole idea of creating artificial digital scarcity by basing it on physical scarcity of resources is just horrible.
wavesplash|4 years ago