https://substackcdn.com/image/fetch/f_auto,q_auto:best,fl_progressive:steep/https%3A%2F%2Frobsokolo.substack.com%2Fapi%2Fv1%2Fpress_kit%2F108552833.jpg%3FbgColor%3D%2523FFFFFF%26textColor%3D%2523404040%26hash%3D1902825447%26version%3D9
https://robsokolo.substack.com/p/fighting-spam-with-bitcoin
The problem with spam is that its small cost can be rounded down to zero, but sending bulk messages online is not free – it requires real-world resources and the price we pay is attention.
We can eliminate spam by making it expensive, and this can be achieved in two ways:
1. Through returnable micropayments, so the cost of sending mass amounts of messages will be expensive only for a spammer, who violates platform policy. This method is known as proof-of-stake.
2. Through additional computation necessary to send a message. This can be message encryption, so the time necessary to encrypt thousands or millions of spam messages will turn into months or years. The encryption process stands for proof-of-work, which is cheap for a single message, but expensive for bulk.
The fix that #Bitcoin brings to Money also carries a solution to clean up our mailboxes and social media platforms. Technologies underpinning Bitcoin are rooted in attempts to eliminate spam, so the battle against online junk is not yet lost.
#web3 #blockchain #proofofwork #proofofstake
robsokolo / Robert Sokolowski
npub1a3…q64da
2023-03-15 10:13:14
Author Public Key
npub1a3g6rtrj30cmk5x9hs3qld4qnczvtmpfexy5js3jh6kyp23g5xxs5q64daPublished at
2023-03-15 10:13:14Event JSON
{
"id": "6386a4e0ee48da8e330795f4492ba3afb85dacc0801ea0855c6f024cce70bf12",
"pubkey": "ec51a1ac728bf1bb50c5bc220fb6a09e04c5ec29c989494232beac40aa28a18d",
"created_at": 1678875194,
"kind": 1,
"tags": [
[
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"bitcoin"
],
[
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"web3"
],
[
"t",
"blockchain"
],
[
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],
"content": "https://substackcdn.com/image/fetch/f_auto,q_auto:best,fl_progressive:steep/https%3A%2F%2Frobsokolo.substack.com%2Fapi%2Fv1%2Fpress_kit%2F108552833.jpg%3FbgColor%3D%2523FFFFFF%26textColor%3D%2523404040%26hash%3D1902825447%26version%3D9\n\nhttps://robsokolo.substack.com/p/fighting-spam-with-bitcoin \n\nThe problem with spam is that its small cost can be rounded down to zero, but sending bulk messages online is not free – it requires real-world resources and the price we pay is attention.\n\nWe can eliminate spam by making it expensive, and this can be achieved in two ways:\n\n1. Through returnable micropayments, so the cost of sending mass amounts of messages will be expensive only for a spammer, who violates platform policy. This method is known as proof-of-stake.\n\n2. Through additional computation necessary to send a message. This can be message encryption, so the time necessary to encrypt thousands or millions of spam messages will turn into months or years. The encryption process stands for proof-of-work, which is cheap for a single message, but expensive for bulk.\n\nThe fix that #Bitcoin brings to Money also carries a solution to clean up our mailboxes and social media platforms. Technologies underpinning Bitcoin are rooted in attempts to eliminate spam, so the battle against online junk is not yet lost.\n\n#web3 #blockchain #proofofwork #proofofstake",
"sig": "2b1e866de67302d777f42bfa0af3346159df3a9c6a3174291a5c25260bf7809638d440b34cdf4e6f81cf3395a9b553add86977d4f0a11e6ea0ff891525c831d8"
}