LapseCoin

Peer-to-peer cash secured by a VDF instead of proof-of-work

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Bitcoin's proof-of-work ties reward unboundedly to hash rate, driving an ASIC arms race. I built a VDF-based alternative with a smaller hardware gap, tested rigorously, and want real critique on where it might be wrong

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Bitcoin's proof-of-work ties reward unboundedly to hash rate, driving an ASIC arms race. I built a VDF-based alternative with a smaller hardware gap, tested rigorously, and want real critique on where it might be wrong