As an observer of the Proof Of Capacity landscape for quite some time, I must say I find this trust-minimizing strategy using hard disk drives quite interesting as a technology.
By using a fundamental principle of computing , therefore making the process of creating blocks much more energy-efficient than in Proof Of Work, it enables the creation of a highly-scalable distributed database that can serve as a means to exchange value, store wealth, secure property and agreements, and also act as a unit of account. Proof Of Capacity incentives rely on capital expenditure in HDDs and time to plot them…
Insights on all things Proof Of Capacity.