Best of 2016

The blog posts Hacker News loved most in 2016. 4,414 posts.

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4414

Nothing is Cheaper than Proof of Work

I previously wrote a post on proof of work (PoW) and mining . The first half generated great interest but (apparently) failed to be universally persuasive. For example, CCRG (Ethereum’s multi-million dollar funded “research” organization) consists almost entirely of academics theorizing about proof of stake (PoS) .