A revolutionary Bitcoin idea free for the taking. - page 2.

rainingbitcoins

sr. member

Activity: 728

Merit: 252

SmartFi - EARN, LEND & TRADE

Quote from: Danzou on October 29, 2011, 12:44:50 AM

Mr. Goldstein, you may not be aware, but there has been a previous scandal in our community with Javascript mining. These kids running a podcast used Javascript mining without asking permission - essentially stealing from their viewers.

He's definitely aware of this because he did the same thing himself and has been trying to defend it ever since. I'm not sure how this makes it a REVOLUTIONARY new idea, but hey, it's Atlas.

Of course this is one of the fundamental tenets of libertarianism: "Only I should be allowed to steal!"

BitcoinPorn

hero member

Activity: 630

Merit: 500

Posts: 69

Quote from: I.Goldstein on October 28, 2011, 07:52:36 PM

Using Javascript-based Bitcoin miners forced onto every user's website

I LOVE SEEING PEOPLE TALKING ABOUT JAVASCRIPT BITCOIN MINING. Gives me a massive hard on. Full four inches. Seriously though, the topic keeps coming up. I hope someone within Litecoin takes interest.

RIP Donny of BitcoinPlus Sad

Great technology that has the possibility to succeed if it gets put in hands of people who actually want it to work.

Danzou

newbie

Activity: 24

Merit: 0

Mr. Goldstein, you may not be aware, but there has been a previous scandal in our community with Javascript mining. These kids running a podcast used Javascript mining without asking permission - essentially stealing from their viewers. There was a HUGE expose on The Bitcoin Show if you want to read more about it.

So you can understand how this technology has gotten a bad reputation as facilitating theft. A Javascript miner that asks permission would be another story, but in any implementation you'd be working against the sour reputation the technology has acquired from imprudent use.

Giraffe.BTC

member

Activity: 70

Merit: 10

Yes, because web hosting is SO EXPENSIVE that tons of people are going to flock to host their site on a server that slows anyone who visits it's computer to a crawl and immediately gets them blacklisted by every web filter in the world. This is a genius idea. Whoever implements it should give you at least 70% of the profits.

cottoneyeJoe

member

Activity: 91

Merit: 10

Doesnt adobe flash already do this???

I mean, what else could it be doing with all of the resources it sucks and laggy-ness it produces? Angry

"Fuck Jobs for not supporting Flash! But never forget, fuck Flash!"

deslok

sr. member

Activity: 462

Merit: 250

It's all about the game, and how you play it

one or two websites may be ok doing something like this, all of them would be a nightmare

Brian DeLoach

vip

Activity: 166

Merit: 100

It would work nicely with a scrypt proof-of-work currency, like litecoin.

I.Goldstein

newbie

Activity: 14

Merit: 0

There have been many attempts at free web hosting services from Geocities to the blog sites like Wordpress and Tumblr. Never has there been a profitable way to give internet users free-range web hosting without tons of obtrusive ads and gimmicks until now -- using Bitcoin mining technology.

Using Javascript-based Bitcoin miners forced onto every user's website, you can profit on their activity through the CPU mining power of every client. Assuming users will flock to seamless and unhindered hosting with no ads, your CPU-based pool would have little limit in terms of size.

One could even imagine the whole internet switching to a paradigm of free hosting powered by client's machines.

Sure, it may not be an original idea but it's certainly potential food for innovation. Imagine the value to be gained from allowing people to host web content with little inhibition in addition to all of this excess CPU power we see being put to good use.

This could bring Bitcoin to its precipice while revolutionizing the web.

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