Proof of space? Yep, nothing to see there. But what about this “and time”? That referred to what? What the time about creating the plots themselves? What else could it be?
PoST is about 2 components. Who can elaborate about the time aspect and what it actually refers to. GPU plotting has clearly made a mockery of the exercise of plotting. To me GPU plotting has literally ripped out a big component or hurdle of the mechanism.
Said another way? Plotting to storage is nothing more than a moot point now. Yes you can slog away with old methods and live that “time” element and ensure it’s part of this.
I bring this up because it’s a head scratcher to me. I know Chia and fanboys don’t want to say Chia is PoW now. I’m not debating that. I’m just saying, is Chia forever changed by this development? Maybe Chia is going to say they knew this would always happen. Frankly speaking I don’t care how smart you think you are, the collective tech brain will and can take any technology in directions you could never see coming.
I hope we don’t get into, oh, it’s all good. The “time” is about the “time” it takes to win a block. Oh really? That’s what Chia meant? When you are talking about something that took hours and now is a matter of seconds on extremely cheap hardware? I’d say the ship is taking on water. What’s behind the next door?
So tell me. Is Chia now “proof of space and sort of time” now? So PoS and T just left town?
Plotting has become so meaningless, it’s almost bizarre. If I said, type out a 2 paragraph document and that’s part of the mechanism, that would take more time than churning out a plot. Maybe a plot can be created before you get 4 sentences into this document. My point is, there is almost no point in plotting.
I think it’s easy to forget that Chia’s PoST is unproven. As OG farmers expect more pain, changes and time wasted. Bad investments on hardware for example.