/biz/ - Business & Finance

Mining a block is not a sequential process, the emission level is only deterministic on a long scale of time. Can anyone think of a computational problem which would enable you to mine in reverse? For example, you set the parameters of the problem up front and distribute it to the network, and the pool of proof of work which is generated must then be done in its entirety, sequentially, and in deterministic time? Much like adding pieces to a puzzle.
Purpose being if you could make a proof of work pool of this kind, you could seed it up front and miners could sign their shares, which then transactors bid upon in order to validate their transactions in the source of truth, which need not necessarily be a blockchain, and because the proof of work is deterministic, requesting the latest unconsumed valid POW from the pre-seeded pool also innately serves as transaction ordering / double spend protection.
Further, this process of mining proof of work does not require binding it to the transaction record, which can be a DAG, or shared database, or any form of database at all, and the POW generation and publication process for any part of the proof of work generation need only ever be broadcast out to the POW pool monitor signed by the miner, rather than welded into a block of transactions and propagated through the network at the same time as they are, meaning it eliminates the drawbacks of empty blocks on short block times if doing header first mining, or the eternal justification to limit distributed throughput to 14kbps.
(c)

>>9284519
> BTC's market dominance has been well-documented
Don't you mean the fall of BTC's market dominance?