This paper introduces a new paradigm for utilizing the hash string outputs (ie. the nonce values) from the proof-of-work or proof-of-stake scheme of the virtual commodity, Cryptogenic Bullion (CB). This new paradigm, named the MADEsparq Project, aims to blur the defining lines between currency, technology, and data by using the CB block chain to mediate the mapping of data to create, and add value, to content and unstructured and semi-structured data. Over time, as more data is mapped onto the CB block chain from a vast spectrum of subjects and interests, chance occurrences for discovering valuable mathematical, structural, functional, or social relationships from the overlap and intersection of data mappings increase. Therefore, since the data mappings onto the CB block chain can overlap from separate knowledge-domains, there is the potential for new insights and discoveries from the collaboration of participants in the MADEsparq Project, whose specialties lie in vastly different subject matters, that might not have been possible before. Thus, the intrinsic value of the virtual commodity (ie. CB's hash chain) mediating the data mappings should increase over time.
White paper download link: https://drive.google.com/file/d/0B7K8VdCHpm-pRDdrWjVLSnk4M1k/edit?usp=sharingWhat is the, on the technical level, the connection between the MADEsparq mappings and the output hash values? Is the hash output generated as a hash over some MADEsparq users mapping, or do they create a mapping from the original hash after it was generated in a normal tx? Is the hash string outputs a hash of the combination of the tx/output data and the MADEsparq mappings?
First, to be clear. The hash string is generated with each block of CB's block chain. It's those hash strings that will be used.
To answer your question. It depends solely on the ingenuity of the data categorization. MADEsparq Project will catalog and data mine the mapping and participants will make use of it, however they choose.
I will have an open alpha release of the client software in a couple weeks. And I'm voluntarily creating subdomains for some of the merchants already accepting CB as a payment option, to kickstart the corpus building. And perhaps then it will be more clear.
And speaking of kickstart....once this project is in beta, I'm going to resort to crowd funding on Kickstarter to help launch out of beta. More info on that soon.
Right now I'm in the middle of a PR push and registering at university and conference talks.
Let me know if I answered your question. You can email me if you want.
-Merc
