I mean, yeah. I knew most of that, but I just wanted to keep it short and simple.
I don’t really understand how it would work with AI training. If your computers are working on training AI instead of finding blocks, I don’t see how you can support transactions. Just sounds like distributed computing with rewards to me, where you might be able to cash out at some central portal or smth, but you can’t send other people that money directly (at least not over a blockchain, but would be possible vis that portal maybe, although, again, that wouldn’t be a blockchain).
I mean, yeah. I knew most of that, but I just wanted to keep it short and simple.
I don’t really understand how it would work with AI training. If your computers are working on training AI instead of finding blocks, I don’t see how you can support transactions. Just sounds like distributed computing with rewards to me, where you might be able to cash out at some central portal or smth, but you can’t send other people that money directly (at least not over a blockchain, but would be possible vis that portal maybe, although, again, that wouldn’t be a blockchain).
Proof of work need not be useless. E.g. https://primecoin.io/
The tricky bit is finding a problem that is hard to solve but easy to verify. I’m not sure AI tasks fall into that category.
The transaction verification is separate to the work.
Huh, neat. Thanks for the info!