Earlier quoted context omitted.
Really interesting! How efficiently does a web browser compute the PoW? I'm concerned that a bot would use an efficient GPU implementation while real users would run an inefficient JS/webcrypto version.
Requiring every user to compute it's own PoW is a terrible idea. It defeats the whole purpose. One's person expensive computation is another person's almost free computation. I commented in the past about it: "At first glance, yes, we can create intentionally expensive computations without relying on a blockchain, that would serve the same purpose. In reality we cannot. Special computer hardware (ASICs) could generat…
Let us serve you, but don't bring us down
81–90 of 255 posts
Re: Let us serve you, but don't bring us down
#82Earlier quoted context omitted.
Really interesting! How efficiently does a web browser compute the PoW? I'm concerned that a bot would use an efficient GPU implementation while real users would run an inefficient JS/webcrypto version.
Requiring every user to compute it's own PoW is a terrible idea. It defeats the whole purpose. One's person expensive computation is another person's almost free computation. I commented in the past about it: "At first glance, yes, we can create intentionally expensive computations without relying on a blockchain, that would serve the same purpose. In reality we cannot. Special computer hardware (ASICs) could generat…
Right now, if I was to ask my users to do a proof of burn for $0.0001 of BTC most of them would just close my site as they don't have any BTC. The process of setting up an account on an exchange, waiting several hours/days for KYC checks to clear, adding a credit card, buying BTC, sending it to a browser extension, and then trying the signup again is a *significant* initial hurdle. If we were in a world where I could assume all my users already owned BTC, that's a different story, but we haven't seen adoption of cryptocurrency anywhere near that level. I don't expect PoW schemes to drive that adoption either, so this seems like a poor solution today.
Do you happen to know if a hCaptcha/mCaptcha-like micro-proof-of-burn tool exists already? I'd be happy to be proven wrong.
That brings us back to options that exist today, which includes every user computing their own PoW. Looking at mCaptcha some more, it uses a SHA256 derivative so it's compute-hard and vulnerable to GPUs/ASICs. The author mentions some of those concerns in an earlier thread [1]. I wonder if a different proof-of-work algorithm would be better, like a memory-hard PoW, proof-of-space, and/or proof-of-wait. I'm skeptical of those too, unfortunately.
Re: Let us serve you, but don't bring us down
#83Unpopular opinion: Severely rate limit retrieving the files from the website / HTTP endpoint, and loudly point towards downloading the files via torrents. The torrent protocol was meant to relieve this level of server load in mind.
Torrents have the habit of disappearing when no users keep them alive. It happened to me enough times to be wary of such solution. If there's a way to keep them alive regardless of interest I'm all for it.
Re: Let us serve you, but don't bring us down
#84I run a system at my employer that occasionally gets scraped by malicious users. It can be used to infer the purchasability of a specific domain, which is a moderately-interesting API endpoint, since that requires talking to domain registries. For a while, nobody cared enough about it to abuse the endpoint. But then we started getting about 40 QPS of traffic. We normally get less than 1. I was keeping an eye on it, b…
host example.com
If this returns with an IP address, no need to talk to a registrar. Only if there is no IP address, I go with whois example.comRe: Let us serve you, but don't bring us down
#85Unpopular opinion: Severely rate limit retrieving the files from the website / HTTP endpoint, and loudly point towards downloading the files via torrents. The torrent protocol was meant to relieve this level of server load in mind.
Torrents have the habit of disappearing when no users keep them alive. It happened to me enough times to be wary of such solution. If there's a way to keep them alive regardless of interest I'm all for it.
Re: Let us serve you, but don't bring us down
#86Earlier quoted context omitted.
Really interesting! How efficiently does a web browser compute the PoW? I'm concerned that a bot would use an efficient GPU implementation while real users would run an inefficient JS/webcrypto version.
Requiring every user to compute it's own PoW is a terrible idea. It defeats the whole purpose. One's person expensive computation is another person's almost free computation. I commented in the past about it: "At first glance, yes, we can create intentionally expensive computations without relying on a blockchain, that would serve the same purpose. In reality we cannot. Special computer hardware (ASICs) could generat…
Re: Let us serve you, but don't bring us down
#87Earlier quoted context omitted.
So maybe you should link to the one you are referring to, if there are three projects with the same name.
I am talking about Bitcoin BSV. If the purpose of blockchain was solely to provide PoW, then there could exist a lot of blockchains, a thousand maybe. Economic incentives ensure that the most inefficient of blockchains will be put out of the market. So some of them, like btc will soon be put out of the market, because speed and microtransactions is the two factors every blockchain competes on. https://www.binance.com…
An obscure coin my users cannot purchase through major exchanges is a really poor solution. Sorry, that makes no sense.
Re: Let us serve you, but don't bring us down
#88Earlier quoted context omitted.
Requiring every user to compute it's own PoW is a terrible idea. It defeats the whole purpose. One's person expensive computation is another person's almost free computation. I commented in the past about it: "At first glance, yes, we can create intentionally expensive computations without relying on a blockchain, that would serve the same purpose. In reality we cannot. Special computer hardware (ASICs) could generat…
Specialized ASICs are not easy to come up with, what's more if it's in a tug of war you can expect those to suddenly become obsolete, rendering this approach too costly for a scrapper. Also you may have missed the part in the original link where they were using AWS to do the scrapping, so no ASICs there, and you pay by the minute, two things that would make PoW a valid countermeasure, no "free computation" in that se…
Re: Let us serve you, but don't bring us down
#89I have a side project that scrapes thousands and thousands of pages of a single website. So as not to piss them off (and so they don't try to block me), my script will take about 6 hours. Between each page fetch it sleeps for a small, random amount of time. It's been working like that for years.
Re: Let us serve you, but don't bring us down
#90Earlier quoted context omitted.
Requiring every user to compute it's own PoW is a terrible idea. It defeats the whole purpose. One's person expensive computation is another person's almost free computation. I commented in the past about it: "At first glance, yes, we can create intentionally expensive computations without relying on a blockchain, that would serve the same purpose. In reality we cannot. Special computer hardware (ASICs) could generat…
Looking cross-comment I think you're advocating for micro-payments or micro-proof-of-burn. This is better than having every user compute their own PoW as they'd purchase a small amount of cryptocurrency from an ASIC farm, which should be cheaper/faster/more efficient than using their local hardware. I mostly agree with the concept, but I don't think any such API exists yet with enough adoption to consider this a real…
In my calculations, with millionth of a cent per transaction, even paying for torrent blocks (64 KB), not torrent pieces (16KB) will soon become profitable.