RPOW - Reusable Proofs of Work

mitd writes "Hal Finney is inviting folks to test drive his new hashcash-based server rpow.net. " The RPOW system provides for proof of work (POW) tokens to be reused. A POW token is something that takes a relatively long time to compute but which can be checked quickly." Hal's security model paper is well worth the read and his proof of concept code is available for download. "