Topic: TorCoin - page 2. (Read 5593 times)
This is awesome!! Will it be SHA? Or Script or neither? So hashing power doesn't make any difference?
You had me at Torcoin.
sounds like a good idea. And I rekon very popular, even if its just a clone but called Torcoin lol.
hope to see this in prod soon
probably should delete thread, some degenerate will probs steal the idea to be honest
sounds like a good idea. And I rekon very popular, even if its just a clone but called Torcoin lol.
hope to see this in prod soon
probably should delete thread, some degenerate will probs steal the idea to be honest
sorry my mistake, I should post it on altcoins subforum
Sounds a nice concept ...
Proof-of-Bandwidth Altcoins for Compensating Relays
Abstract. The Tor network relies on volunteer relay operators for relay bandwidth, which may limit its growth and scaling potential. Wepropose an incentive scheme for Tor relying on two novel concepts. We
introduce TorCoin, an \altcoin" that uses the Bitcoin protocol to reward relays for contributing bandwidth. Relays \mine" TorCoins, then sell them for cash on any existing altcoin exchange. To verify that a given TorCoin represents actual bandwidth transferred, we introduce TorPath, a decentralized protocol for forming Tor circuits such that each circuit is
privately-addressable but publicly veri able. Each circuit's participants may then collectively mine a limited number of TorCoins, in proportion to the end-to-end transmission goodput they measure on that circuit.
http://dedis.cs.yale.edu/dissent/papers/hotpets14-torpath.pdf
... your thoughts
Proof-of-Bandwidth Altcoins for Compensating Relays
Abstract. The Tor network relies on volunteer relay operators for relay bandwidth, which may limit its growth and scaling potential. Wepropose an incentive scheme for Tor relying on two novel concepts. We
introduce TorCoin, an \altcoin" that uses the Bitcoin protocol to reward relays for contributing bandwidth. Relays \mine" TorCoins, then sell them for cash on any existing altcoin exchange. To verify that a given TorCoin represents actual bandwidth transferred, we introduce TorPath, a decentralized protocol for forming Tor circuits such that each circuit is
privately-addressable but publicly veri able. Each circuit's participants may then collectively mine a limited number of TorCoins, in proportion to the end-to-end transmission goodput they measure on that circuit.
http://dedis.cs.yale.edu/dissent/papers/hotpets14-torpath.pdf
... your thoughts
Jump to: