The Bitcoins proof of work process should be directed to something useful instead of arbitrary. Think SETI-style grid computing. All of that processing power should be put to productive use. Just an idea. I'll leave it to smarter people then I to work out the specifics.
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writlarge commented at 3:31 AM on May 18, 2011: none
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gavinandresen commented at 5:04 PM on August 9, 2011: contributor
Smarter people have been thinking hard about this for more than a year, with no solution apparent. I'm going to close this; if somebody smart does figure out a way, we'll hear about it.
- gavinandresen closed this on Aug 9, 2011
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