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Proof-of-Work (PoW) is the Only Way to Prevent Corruption

There is a very fundamental reason why Proof-of-Work (PoW) is the only way to prevent corruption: In this world, work is the only thing that cannot be hacked (faked, pretended, stolen, hijacked, abused, or manipulated), everything else can, including authority, identity, status, history, relationship, agreement, whatever. The concept of “work” goes deep in physics or...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume IDigital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications
Introduction
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Volume IIBitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies
Introduction
(coming soon)

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