Topic: [ANN] Oculus Rift Coin (ORC): The First Physically Mined Cryptocurrency - page 2. (Read 4212 times)

I can see you are not a really tech savy person.
Let me introduce you to a whole new world of bots.
If it is profitable, then the development of complex bots can be paid.
a complex bot system would be a virtual cluster of multiple bots running.
What does this mean?
You can have X instances of virtual computers running the same little task, in this scenario: the bot. If you limit the speed on which someone can gather resources from your system the cap is on the speed, you can scale up the someone. If the task is not heavy on resources then I could easily run a thousand bot instances from a medium sized server and it would gather what a thousand people could gather if they were at it 24/7.

I like your idea, but it is naive. Take as an example MMORPGs economies, way before cryptocoins people farmed gold for WoW and sold that gold for $, that's pretty much what you want to do. How does blizzard manage to keep the economies working even though there are thousands of hackers and hundreds of gold farming companies? Easy, they control the market and regulate it. They force inflation or deflation by introducing new items in the market and generating demand for it. That's something you won't be able to do since to be able to do that, you need to control the universe. Blizzard controls the WoW universe, that's why they can force demand on items they want, force inflation or deflation by increasing or decreasing drop rates, etc.

My point is that it is not possible to try and regulate the coins gathering with human intervention, it can be always simulated. Whatever a human can do, a computer can do better. (lets not get on the emotional side, that's not what I mean by my statement. Subjective matters are the exception to this rule)

Im sick so i didnt read all of this but it seems to me your looking for someone with a dev unit .. i have one . as well as google glass if you want to try them on both BUT ( and this is a big but cause i really do like my toys)  i'm not sending you hardware.

also if child labor laws apply here ( not really sure if they do ) i thought there was an exception for family owned business's

Not stupid at all, appreciating the input, and shall address the concerns in no particular order.

One could argue that when a parent screams "Clean your room, or else!" it's a form of child labor, coupled with threatening a child with violence, yet it happens worldwide, tens of thousands of times (if not more) on a daily basis. Of course, if I express that that phrase is part of the backbone of some game, then that'll be a different story. My example, above, was only meant to illustrate the possibilities of who the player base may consist of, whether such is known outside the home or not. I'm sure parents are somehow being awarded directly or indirectly via their children's gaming activity unbeknown to both parties.

Concerning the OculusVR brand, I'm well aware of the circumstances surrounding their naming rights, but opted to purchase the various domain names chiefly to perpetuate the buzz of what I have envisioned to date via some brand, currently using ORC and A-ORC, of which can easily be replaced down the road as this endeavor comes to fruition.

Any software bot attempted to be created must take into consideration the millions of possible hand movements each and every time one must utilize to virtually pick up the blocks quarried--readied to be move--placing them onto a predefined shaped pile. If a bot could be made, then it's possible to develop a program to thwart them. Remember, the quarrying is all done by hand (movements) and must physically be picked up and place via VR. A bot would not be able to amass blocks faster than humanly possible, albeit, if one's created, it'll be quarrying at a snail's pace. Chinese prisoners, on the other hand...

I truly enjoyed penning this post. Any more questions, for I'm making up the answers as I go along.

~Bruno Kucinskas

(I'm not sure that I understood your concept completely, so I apologize in advance if my questions are stupid)

Do you really intend this mining to be rewarded? How would you prevent someone from writing a software, that does this automatically?
-> The input is binary, and the output is binary, why would I need a person to be in between this input and output? (except for some highly complex subjects like http://fold.it/, but this is a different matter, I don't think it could be applied here, because of the evaluation process)

I'm not so sure if you'd be safe from lawsuits from OculusVR if this had any success, after all it is their brand name and reputation you are trying to build this on.

I'd be carefull with that, child-labour is a very sensitive subject. - I'm not saying that this actually counts as child-labour, but it is very possible that some people(especially law-makers) might argue that this was some form of child labour. Especially when parents start to force their children into "mining ORC" to keep the economic benefits for themselves.


Those are my 2 cents, as I said - maybe stupid concerns because I'm not sure if got this completely or maybe you thought about this stuff as well already.
cheers

following

I think ORC/A-ORC would play well with http://ethereum.org/.

Besides the common dimension stones that'll be quarried, yet-to-be-named exotic stones can just as easily be introduced, all capable of being stack into any predefined shape, limited only by the imagination of creators of A-ORC.

Did I mention colors and textures of the stones increases the number of possilbe A-ORC into the quadrillions, if not further. For instance, there's a myriad of shades of green. Various hardness of stones. Countless shapes the quarried stones could be stack. Multiply all the possibilities together, and what do you come up with? A gazillion to the power of a gazillion? Or more?

Bottomline, any person will be able to start their own A-ORC in under a minute and start quarrying, with the hope that their efforts take off when they tell their peers to help stack. It'll take longer for one to name their A-ORC per yet-to-be-determined guidelines than to set the parameters of what's actually going to be quarried.

Allow me to make one up to illustrate: Smokey Amethyst Cornwall Granite (7) (Color; Location; Type; Hardness; all of which can be fictionally named, and I just introduced geography into the mix of which could also be fictional). The symbol would be SACG⁷.

We could limit the number of characters to 10, the first 9 being one of the 26 letters in the English alphabet, of which is not written in stone (no pun intended), with the 10 character being the subscript, numbers 2-9, inclusive, thus the total possibilities would be 26⁹ X 8. (if my math is wrong, it's because I'm ready for bed)

Apologize for getting the cart before the horse, but there's stones to be had.

~TMIBTCITW

I mentioned that a myriad of A-ORC coins can be produced, well... here's food for thought: http://en.wikipedia.org/wiki/Polyhedron.

Speaking of, a player/quarrier can switch between the various A-ORC quarry operations if they get bored of one or desire to participate in the final stages of a new block's creation in some other. A player/quarrier only has to set up his account once and they're automatically registered for the various quarrying operations. All they may have to do is pick what quarry pool they desire to quarry in and their in if, of course, the pool is quarrying under 33.3% of the entire output. (terminology(ies) may be off, but hope you get my drift)

And we be talkin' 'bout visual proof for all quarriers to see. Song comes to mind: I am the Quarrier https://www.youtube.com/watch?v=UinqfXNS__A (first time I've even seen this video, and I was into the 80's back in the day)

BTW, love your PoG. Has to go into the ORC White Paper.

Interesting. PoW is being replaced by PoG (Proof of Gaming).

I hope the title of this thread piqued your interest, and don't bother seeing if oculusriftcoin.com/.net/.org/.info/.biz./or .co is already registered (or the plural (s), for that matter).  

I first learnt about Oculus Rift here: https://bitcointalksearch.org/topic/oculus-rift-ces-2014-soft-kinetic-oculus-rift-creative-depth-camera-demo-417667

For all you thinking now WTF, I was only 1:23 into the following video https://www.youtube.com/watch?v=FJwljGamIGw when I had my eureka moment (or is it an epiphany?). And, if I could envision it at the 1:23 minute mark, you crypto-geeks could see it at the 1:21 mark, for I'm slow.

First, we're going to develop the proof-of-concept coin, ORC, the granddaddy of all other A-ORC (A = Alt) coins to come, of which is virtually (no pun intended) endless.

With the exception of the Oculus Rift, no other specially equipment, sans maybe the standard gaming box and the screen (of which is a given and on-hand), will be needed.

If you viewed the video before reading this far, then maybe you've realized that what I've envisioned is building, moreover, stacking, oppose to mining blocks for the ORC blockchain, albeit the term mining still applies (or maybe quarrying may work better...hmmmm!). Suffice to say, there's a lot more that this endeavor incompasses, of which will be released on a need-to-basis as the project further develops.

Meanwhile, a development team will need to be assembled, looking for anybody(s) having an Oculus Rift development unit in their possession first. Besides, that's why they have such devices in the first place--to develop shit with them.

At the risk of jumping ahead of myself, with ORC it'll be possible for pre-teens to mine and get paid via Alts or bitcoins for their efforts, of course, perhaps, their accounts would have to be made by others of legal age depending on their locale. Parents could have their kids quarry as a learning tool, all the while earning pay for their efforts unbeknown to them. Can easily be accomplished. Or, if a kid (or adult) wants a certain xBox game, they'll have to mine X blocks, all the while an image of their goal is on the screen. But I digress, for my braincells are on overload at the moment.

Needless to say, a completely different exchange system may have to be developed that'll evaluate the various ORCs, one not funded via fiat--only via Alts and bitcoins.

Furthermore, I envision ORC as a new way to earn any cryptocurrency that can be readily converted to fiat, it's only purchasing power depending, of course, if that's the course this takes during the development process.

The hardest part to develop, I believe, will the interfacing of the quarrying and stacking (hint) of the quartz (hint) with an accounting system, of sorts, that'll show proof-of-work beyond a shadow of a doubt. Plus, incorporated in the protocol, it'll be impossible for any pool to have over 33.3% of the quarrying process. (somehow, I switched from mining to quarrying, albeit both apply)

That's it for now, surely enough to get your creative juices a flowin' with this WTF-did-I-just-read-and-why-the-WTF-is-Bruno-smokin'-Dank's-shit? thread.

~TMIBTCITW