Topic: Generating (useful) Proof of Work by proving Mathematical Theorems (Read 460 times)
December 19, 2016, 05:29:08 AM
The Problem with Gridcoin is, that its not Trustless. BIONC could be manipulated to deliver easy work for fast payout. My proposed system is trustless. Primecoin only created new Primes. Thats a good start, but researching Math like i propose is manny levels above that.
December 19, 2016, 04:42:10 AM
Gridcoin was a thing that was kind of like this, but afaik it died out after a while, not enough features for the coin as a currency.
December 19, 2016, 04:17:43 AM
It's actually a great idea. One coin that comes to mind is primecoin. Check this out. http://primecoin.io Something similar to what you were thinking.
This guy hit the nail on the head! https://bitcointalksearch.org/topic/m.12053819
BR
This guy hit the nail on the head! https://bitcointalksearch.org/topic/m.12053819
BR
December 19, 2016, 04:03:52 AM
Imagine: With every new Block, new scientific progress is made. I believe this is possible with technology available yet and some not to hard work. Since the beginning of Bitcoin there was the Quest for an Proof of Work system not only useful to Bitcoins security, but other realms too. I propose to use research in Mathematics as replacement or addition for the currently very limited Proof of Work Systems in Cryptocurrencies.
Help me to work the System out with more Detail on Github:
https://github.com/thepok/MathAsPOW
What Problems do you see?
Why should it not be possible?
Help me to work the System out with more Detail on Github:
https://github.com/thepok/MathAsPOW
What Problems do you see?
Why should it not be possible?
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