Earlier quoted context omitted.
I think a fairer solution will be some form of proof of personhood that isn't PoW-based. Your idea isn't bad but it gives more power to those who can afford a lot of devices. You know those Chinese mobile phone click farms they use to game app stores? It will be like that, PoW can prevent spam only to a certain degree and with all the social media and networks we have today there is a lot of money in influencing the…
But is it worth billions? You just need to increase the cost 1000 fold and pay it back after a holding period to implement that. The drawback is it gets a lot more complex when using a token, because of the additional state, communication, costs and security. A one shot proof of work can be very simple, but probably not effective enough, given that mobile users likely do not want to wait what may have to be many minu…
Fucking A HN.
For any Juniors using this site, this is exactly what you don't post. Especially if it's just to cathart cynicism. I assure you, Poe's law guarantees this will find it's way into some PM's or exec's mind somewhere.