Author

Topic: New coin to help supporting science (Read 88 times)

newbie
Activity: 3
Merit: 0
February 19, 2022, 03:53:39 PM
#5
Is it kind similar to mining but the miners will provide their computing powers for the scientist for their scientific work?. Miners do earn money when they mined a block and that block have coins in it and it is spenable plus the fee spend by those who made transaction. If what you mean is creating a new blocks from out of thin air. As far as I understand, it is just the same as other crypto but it seems it is a token that needs to be mined and transactions is included. The coin also needs a support like what it could be used and more as if it is only for trading, selling, buying and storing then it is more likely that the new coin will die or won't have any value at all. Existed coin is much better.

You mean we can make this as a layer 2 application in etheruiom? How can we change how etheruiom mining works??? Or you mean a fork
Thank you 👍🏼
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
February 19, 2022, 03:21:47 PM
#4
Is it kind similar to mining but the miners will provide their computing powers for the scientist for their scientific work?. Miners do earn money when they mined a block and that block have coins in it and it is spenable plus the fee spend by those who made transaction. If what you mean is creating a new blocks from out of thin air. As far as I understand, it is just the same as other crypto but it seems it is a token that needs to be mined and transactions is included. The coin also needs a support like what it could be used and more as if it is only for trading, selling, buying and storing then it is more likely that the new coin will die or won't have any value at all. Existed coin is much better.
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
February 19, 2022, 03:19:12 PM
#3
The concept can be designed to be added to an existing coin. What would be the need for a new coin? We have already thousands in the market.
The concept that you are about to design can be applied as a fork in one of the existing blockchains. Means there should be no need to develop a new algorithm while you can work on a fork. The concept was already discussed but i can't tell if someone is working on it.

You can discuss your idea better in "development project" board.
newbie
Activity: 3
Merit: 0
February 19, 2022, 02:29:56 PM
#2
I start o proggram it
stay tune for the code
newbie
Activity: 3
Merit: 0
February 19, 2022, 09:15:08 AM
#1
Hello World!

I found out the science/tech nowdays have three problems
One is how expensive is to buy super computer for scientific
institutions increasing overall reaserching expenses
Second How hard to get a fund for your research (specially if does not make financal sence to the supporter)
Three big-farms/home-users buy computers to mining which make the problem even harder to solve BTC

I know people desire to make profit so I write down genral thought (Use case diagram) to try to solve this problems

Miners would help the scientific institutions/Home users(3d scene)/ai training/Cloud gaming Co. with there needs of cheap computing power (That is why dynamic size resulting different cost for them)
Minners would ake money by create new block
scientific institutions would recieve donation tokens

dynamic size of a block wuld lead to miners making there transacions fee almost free making the web 3.0 possible (file storage/vpn/Decentralized cloud)

I inspierd by Folding@home (distributed computing project aimed to help scientists develop new therapeutics)
I Call the crypto
Alpha-centuri

Hopfully you like my idea to supporting science

Thank you
https://ibb.co/5r4xLWM


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