"Proof of Human" Coin ? - page 4. | Bitcointalksearch.org

snaidervp

sr. member

Activity: 333

Merit: 250

"Raven's Cry"

+1000000 to OP

I was thinking the same thing couple of days ago.

The fact is that all the coin that arrived till today make use of the real wealth of the people mining them. if you could afford a room full of 4gpu/pc you obviously have huge adv to some1 who have just 1 pc.
What did you do? You aren't smarter, you didnt work harder, nothing. You just turn your $$$ or Euro's to bitcoins. Just like what already happening in everyday life. THE RICH ALWAYS BECOME RICHER.

What we have all people in common is our lifetime, we all have 24 hours a day.

So, a coin that needed actual interaction from the user could turn the same old story real life upside down. Every1 could have the same opportunity. you want to spend 8h/day in front of your PC, do it, you want to spend the whole day, DO THAT!!!

Sorry for my bad english

Snaider.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: achillez on May 19, 2013, 12:24:36 AM

... The biggest problem seems to be that people with huge mining rigs (or botnets) come in and take all the coins while the difficulty is low.

Maybe you are exaggerating on purpose, but this statement shows a lack of understanding.

First. I could be wrong, but I would guess that nearly half of the coins mined so far were mined on CPUs and not big GPU mining rigs or botnets.
Second. You make it seem like miners get the coins for free and that is not true. If you don't want to pay for mining equipment and all the other costs associated with mining, you can just buy coins from someone. You don't have to mine them. The Winklevoss twins own 1% of all the bitcoins and they didn't mine a single one.

SgtSpike

legendary

Activity: 1400

Merit: 1005

Sort of like a mechanical turk coin?

Joerii

legendary

Activity: 1274

Merit: 1050

Captha's are a bad way to do this, since they pay people to solve captha's ( or just plain force them ! )

Maybe you can plug people in to ECG's and have them respond to stimuli, pleasent or otherwise Wink

achillez

hero member

Activity: 874

Merit: 1000

I've been thinking about the issues with bitcoins, altcoins, etc.. The biggest problem seems to be that people with huge mining rigs (or botnets) come in and take all the coins while the difficulty is low.

I propose a new coin that adds on the goodness from other coins: CPU mining, Scrypt, etc.. requiring a CPU + GPU to do effective mining. Further it extends this to also require a "PoH" analysis to confirm each coin. The PoH can use captcha, or another mechanism to verify that a human did some work to confirm each coin. This would slow down the mining by large farms, and make human input and analysis relevant. Further, the human analysis could be interesting and educational at the same time. So a miner gets the value of generating a coin + the challenge of answering an analysis question.

What do folks think? Would this work?

Topic: "Proof of Human" Coin ? - page 4. (Read 3895 times)