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Topic: Is there a currency with Proof Of Uptime ? (Read 558 times)

jr. member
Activity: 228
Merit: 1
July 15, 2019, 04:45:36 PM
#7
Yes, there is! Bithereum (Bitcoin fork - https://bithereum.network/) uses Proof of Uptime (PoU) to reward anyone who runs a full node. This has been going on for over roughly 4 months and last week 186 full nodes were rewarded!

We just released a new tool called the Bithereum Node Tool which allows people to spin up a full node (pruned) with just 4GB of storage in just a few clicks of a button. We just posted our blog on PoU v2 with the node tool here: https://medium.com/bithereum-network/bithereums-proof-of-uptime-v2-0-69da7c1ca17
hero member
Activity: 651
Merit: 518
legendary
Activity: 1512
Merit: 1000
February 08, 2016, 06:15:44 AM
#5
this is essentially proof of uptime

I also want them to be geographically distributed. Otherwise it is possible to set a cluster of virtual nodes on the same physical machine with high uptime, and ping between them will be near zero...

Finding the geographical location of a host is an interesting question in all cloud(like) environments. I'm afraid a that's not going to work without a GPS device. As an alternative, you can investigate the next routing hops, but trace route not allowed on many networks, so that might or might not work.
ish
full member
Activity: 176
Merit: 106
February 08, 2016, 01:19:03 AM
#4
this is essentially proof of uptime

I also want them to be geographically distributed. Otherwise it is possible to set a cluster of virtual nodes on the same physical machine with high uptime, and ping between them will be near zero...
legendary
Activity: 1764
Merit: 1000
February 08, 2016, 01:15:11 AM
#3
you mean proof of stake, OP. most of PoS coin require an online & unlocked wallet in order to stake. this is essentially proof of uptime
staff
Activity: 3500
Merit: 6152
February 08, 2016, 12:21:22 AM
#2
Is there a currency, which rewards nodes which have high uptime, low ping and longest geographical path to other nodes?

I.e. it should detect most stable nodes in different parts of the world and reward them



DASH do that as far as I know , but you should have a specific amount of DASH to be able to start earning (can't remember how much but I guess it's 1000 DASH) .
ish
full member
Activity: 176
Merit: 106
February 08, 2016, 12:12:42 AM
#1
Is there a currency, which rewards nodes which have high uptime, low ping and longest geographical path to other nodes?

I.e. it should detect most stable nodes in different parts of the world and reward them

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