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Topic: A Human Mined Alt Coin? - page 2. (Read 1658 times)

hero member
Activity: 924
Merit: 1000
April 23, 2013, 08:56:56 PM
#2
Would it not be "boring"?

The idea of digitalcoin is that it allows you the freedom to pursue alternatives while mining is done electronically.

newbie
Activity: 39
Merit: 0
April 23, 2013, 08:52:33 PM
#1
What's the possibility of creating a currency not mined with processing power, but with human interaction instead.  Meaning that a wallet holder would receive coins each time they completed an open-sourced captcha hosted by one of many "system maintainers". 

Anybody could mine the currency, only requirements are a wallet and an internet connection.  No expertise or expensive hardware needed. Very little energy would be required to increase money supply and it would be distributed (somewhat) democratically. 

The system maintainers would be rewarded for captcha's processed and transaction verifications.

Everybody would have some to spend, hence making the economy and usage growth that much quicker.


Or is it impossible to create an unbreakable a captcha system?  I'm just a lowly SQL/HTML programmer so my knowledge of advanced captcha techniques is very limited.

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