by zawy

There’s a new paper that shows how the world’s A.I. compute based on matrix multiplication can be used as if that compute power is a “parent coin” to “merge mine” a blockchain coin. They found a way for matrix multiplications to not be restricted in their size and yet easily prove how many “FLOPs” were spent. I view it as a potential threat to Bitcoin dominance if Bitcoin isn’t prepared to adopt it as a new PoW.

An immediate objection is that there’s no inherent waste.

...read more at delvingbitcoin.org