73. Bitcoin and Time with Gigi
The Bitcoin Standard Podcast
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Proof of Work Is the Only Way to Do Decentralized Time-Sapping
I'm convinced that proof of work is the only thing that works to do decentralized time-sapping. It's very similar to cargo, cargo cooled engineering. If we just get a bunch of sticks and stones and put them into the lock, maybe it'll open. No, you need the exact key. And so the key has to look exactly like the lock in order for the lock to turn. That's just how it is. We're trying to find a way where we can have decentralized time-stamping," he said.
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