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Topic: Data embedding and hashing (Read 433 times)

full member
Activity: 170
Merit: 100
January 02, 2016, 01:46:54 AM
#1
A couple of basic questions here for a little project ive been thinking about. Data is provided at "nodes" which can output readings in hexadecimal. I want know if it possible to encode these hex readings onto a chain using bitcoin protocol. Would it be possible to adjust hashing power based on this?  The main goals would be to:

Ensure data collection taken from each node should have integrity.

Keep readings in sync on the network at a constant rate wtih time stamping

Be able to extract encoded data from the chain, allowing identification of anomalies or issues with a node (did a node output an unusal hex value?)

Does this sound feasible at all or is there a better approach for achieving these goals on the blockchain?

Note: This would be on a closed network and simply make use of blockchain tech to achieve the above goals.
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