Topic: Approximate pi to trillions of digits with a sidechain? (Read 680 times)
I was thinking the same. This will also help to provide insight to the amazing ratio pi is.
DAE think it would be feasible to approximate pi as PoW in a sidechain?
PI miner approximates pi to t digits, where t is the number of digits that would be solved in 30 seconds on average
PI miners that get it broadcast a transaction with the hash of the digits and their address in it, sending a certain amount of sidechain BTC to themselves
PoW miners solve a traditional block, all pi-transactions are evaluated and one is selected at random; the odds of a transaction being selected is its output value divided by the output value of all pi-transactions (rather like PoS)
The PoW block sends half of the transaction fees to the PoW miner, and the other half to the winning PI miner
Winning PI miner submits a special block containing the raw digits of pi, and PoW mining resumes after that
The pi-block is of course verified by the nodes; pi digits are a lot easier to verify than to calculate (I think)
This is just one hypothetical made-up way of doing this. Any comments or ideas?
PI miner approximates pi to t digits, where t is the number of digits that would be solved in 30 seconds on average
PI miners that get it broadcast a transaction with the hash of the digits and their address in it, sending a certain amount of sidechain BTC to themselves
PoW miners solve a traditional block, all pi-transactions are evaluated and one is selected at random; the odds of a transaction being selected is its output value divided by the output value of all pi-transactions (rather like PoS)
The PoW block sends half of the transaction fees to the PoW miner, and the other half to the winning PI miner
Winning PI miner submits a special block containing the raw digits of pi, and PoW mining resumes after that
The pi-block is of course verified by the nodes; pi digits are a lot easier to verify than to calculate (I think)
This is just one hypothetical made-up way of doing this. Any comments or ideas?
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