I love the idea! I'm not a dev, but I'm pretty sure someone could figure it out. Instead of a BitTorrent-esque system. Go for something like Popcorn Time (still the same, but different), http://en.wikipedia.org/wiki/Popcorn_Time
edit: I read an article somewhere of a Proof of Bandwidth idea but for a Tor-esque system.
Topic: Would a bandwidth coin be possible? (Read 346 times)
Most cryptocurrencies associate a limited resource with a proof of work system. Processing power, disk space, and bandwidth are limited resources. On the other hand, IP addresses are not a limited resource since it is trivial to generate a large number of them.
Most proof of work systems are based on processing power, while at least one (BURST) is based on disk space. To my knowledge, none are based on bandwidth.
Would a bandwidth coin be possible? Perhaps some type of Freenet/BitTorrent-esque system could be used to justify (and give functionality to) the network.
Most proof of work systems are based on processing power, while at least one (BURST) is based on disk space. To my knowledge, none are based on bandwidth.
Would a bandwidth coin be possible? Perhaps some type of Freenet/BitTorrent-esque system could be used to justify (and give functionality to) the network.
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