ABOUT

In an effort to make blockchains more energy-efficient, egalitarian, and decentralized, several new protocols employ consensus based on Proofs-of-Capacity (PoC), which replace compute-intensive mining with storage-intensive farming. We observe that PoC consensus introduces a unique mechanism design challenge, referred to as the farmer’s dilemma, which suggests that existing constructions are not actually incentive compatible.

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Engineering

Director of Product

Director of Product Engineering

Protocol Researcher

Protocol Security Research Intern

Senior Front-End Developer

Senior Full-Stack Developer

Operations

Operations & Finance Assistant

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January 12, 2022

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