Pages:
Author

Topic: [ANN] code name project QUASAR POW/POS HYBRID server payment IOT compliments ETH - page 2. (Read 1293 times)

full member
Activity: 174
Merit: 102
Very intriguing. What speed of tx/s your target?
legendary
Activity: 1517
Merit: 1042
@notsofast
 Bruce Wayne, John Connor's cousin. Deliver on the big talk and this will be cool.
newbie
Activity: 50
Merit: 0

This project will be the first part of an attempt to integrate smart contract payments without using Ethereum ETH.

I have designed a server side protocol where thousands of smart contracts have to generated on a blockchain every minute.

If I pay them using Ethereum even the lowest possible payment will total to a huge amount. I am talking about millions of smart contracts per day.

I believe the the smart contracts on the Ethereum blockchain should cost much less.

I offer no fancy wallets nor have time to answer questions, I don't have the energy to spare to maintain a mining pool either.

I will provide the initial source code will also throw in a block explorer and a rich list, that will be all.

I am creating this form of currency out of necessity I only need a very small percentage of the coins to work on my project the rest can be mined and staked.

I guess if you mine them they may become more valuable in the future, who knows.

"imagine a AI (artificial intelligence) server having to pay for the resources of an other server, imagine a server renting CPU time automatically from another server when the request comes. Machine learning contraptions will need increased resources when the code requests, this need is spontaneous and uncalled for. How can a machine trust an other machine and pay for the used resources without any human intervention and input."

Code name project Quasar will be an attempt to solve this problem and more.

But I promise nothing.

Launch date and further details coming soon. Any suggestions can be written below.
Real name of the project will be released close to launch date.
Pages:
Jump to: