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Title: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 01:32:06 PM .. and it creates a crypto currency that we all can buy in on and make it prosper?
Some brainfarts: -- USB/Other device with ( insert special hardware chip here ) inbuilt simcard for edge usage. AirDrop/Handouts in part of the world where its needed. -- Need official pools where these these will auto connect to. -- Need to work with any latency 100-1000ms -- Need a organization that makes sure everything is done as right as possible. Of cause in Africa one warlord will take them all anyway.. I got some of my brainfarts from this thread - https://bitcointalk.org/index.php?topic=196281.0 Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: aa on May 06, 2013, 01:35:33 PM Of cause in Africa one warlord will take them all anyway.. So what's the point of this thread? Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 01:39:54 PM See if anyone cares :)
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: GSnak on May 06, 2013, 01:42:30 PM Places that require airdrops usually don't have internet access.
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: phorensic on May 06, 2013, 01:45:10 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining.
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 01:47:56 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining. Sun powered RaspberryPI is an option :) GPRS/Edge is actually in Africa, but i dont have a coverage map on it here. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: Endgame on May 06, 2013, 01:55:27 PM You could make a charity coin similar to devcoin, where 90% of each mined block goes to recognised charities such as oxfam/red cross.
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: psybits on May 06, 2013, 01:58:53 PM I've been thinking of a similar thing.
I have no idea how to do it but you can make it so that it can only be mined on mobile phones, tablets etc. But not on dedicated mining rigs. This way anyone with a mobile phone can mine, contribute to the network, and make coins :) Most of these nations have very high mobile phone usage compared to computer use. I am not sure how to do this in a technical way - maybe limit the Kh/s from any one IP address? Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: 237 on May 06, 2013, 02:03:03 PM Somewhere in an African desert blastbob trys to explain how to troubleshoot a RaspberryPI
to a poor guy that just ran for his life from some wild animals while trying to find water for his village. Please let me in on the stuff you are smoking ;) Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: psybits on May 06, 2013, 02:07:56 PM Somewhere in an African desert blastbob trys to explain how to troubleshoot a RaspberryPI to a poor guy that just ran for his life from some wild animals while trying to find water for his village. Please let me in on the stuff you are smoking ;) Obviously the digital divide exists and many people in the world are still not online. However. there are people in all countries who are, and a coin that could be efficiently mined by them could change the world. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: aa on May 06, 2013, 02:12:14 PM Somewhere in an African desert blastbob trys to explain how to troubleshoot a RaspberryPI to a poor guy that just ran for his life from some wild animals while trying to find water for his village. Please let me in on the stuff you are smoking ;) Obviously the digital divide exists and many people in the world are still not online. However. there are people in all countries who are, and a coin that could be efficiently mined by them could change the world. No. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: 237 on May 06, 2013, 02:13:50 PM Somewhere in an African desert blastbob trys to explain how to troubleshoot a RaspberryPI to a poor guy that just ran for his life from some wild animals while trying to find water for his village. Please let me in on the stuff you are smoking ;) Obviously the digital divide exists and many people in the world are still not online. However. there are people in all countries who are, and a coin that could be efficiently mined by them could change the world. No. I like the train of thought and the clear listing of your arguments in that post Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: skyangel on May 06, 2013, 02:15:16 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining. Sun powered RaspberryPI is an option :) GPRS/Edge is actually in Africa, but i dont have a coverage map on it here. Cell phones are everywhere in Africa. People really underestimate Africa. There are more cell phones in Africa than in the US: http://www.smartplanet.com/blog/bulletin/africa-has-more-mobile-phone-users-than-the-us-or-eu/9053 Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: aa on May 06, 2013, 02:18:35 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining. Sun powered RaspberryPI is an option :) GPRS/Edge is actually in Africa, but i dont have a coverage map on it here. Cell phones are everywhere in Africa. People really underestimate Africa. There are more cell phones in Africa than in the US: http://www.smartplanet.com/blog/bulletin/africa-has-more-mobile-phone-users-than-the-us-or-eu/9053 Wow! Who'd have thought that a place with about one billion inhabitants would have more subscribers than a place with ~300 million (or ~700 million for Europe)! Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 02:19:28 PM Mobile phone with "chip" and battery would solve alot of things ;)
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: psybits on May 06, 2013, 02:20:10 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining. Sun powered RaspberryPI is an option :) GPRS/Edge is actually in Africa, but i dont have a coverage map on it here. Cell phones are everywhere in Africa. People really underestimate Africa. There are more cell phones in Africa than in the US: http://www.smartplanet.com/blog/bulletin/africa-has-more-mobile-phone-users-than-the-us-or-eu/9053 Wow! Who'd have thought that a place with about one billion inhabitants would have more subscribers than a place with ~300 million (or ~700 million for Europe)! So let's not bother improving the world then? I just ignored aa instead - ahh that is much better ;) Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: markm on May 06, 2013, 02:20:44 PM It should not really be all that hard, it would just take a lot of bitcoins.
You could continue to spawn new coins that you and a few forum-buddies mine half the coins or more of at one or more blocks per second until enough minutes or even a few hours have gone by so that the reward halvings (or quarterings, or decimations etc) have set in, dump the coins for bitcoins, and use the bitcoins to buy dollar bills to airdrop into famine/drought regions, for example. It really only takes the will to do it and the means to obtain the bitcoins to pay for it. -MarkM- Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: skyangel on May 06, 2013, 02:23:05 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining. Sun powered RaspberryPI is an option :) GPRS/Edge is actually in Africa, but i dont have a coverage map on it here. Cell phones are everywhere in Africa. People really underestimate Africa. There are more cell phones in Africa than in the US: http://www.smartplanet.com/blog/bulletin/africa-has-more-mobile-phone-users-than-the-us-or-eu/9053 Wow! Who'd have thought that a place with about one billion inhabitants would have more subscribers than a place with ~300 million (or ~700 million for Europe)! It is surprising if you have the preconception that everybody in Africa lives in mud huts without electricity. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: mrvegad on May 06, 2013, 02:25:25 PM I was thinking about this to, calling it Charity Coin. Have 50% going to a charity pool and 50% going to miners. I was thinking about limiting the hash rate so even people with laptops can mine and contribute. Also have a set limit of coins that can be mined per year to help keep the price high and the coins could be used like ohter coins to buy stuff/trade online. Different servers could be setup for different charities. Just my. 02¢
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: aa on May 06, 2013, 02:29:12 PM You realize that in these parts of the world electricity is an extremely rare commodity? It would be foolish, if not potentially deadly to waste their precious electricity on something like cryptocurrency mining. Sun powered RaspberryPI is an option :) GPRS/Edge is actually in Africa, but i dont have a coverage map on it here. Cell phones are everywhere in Africa. People really underestimate Africa. There are more cell phones in Africa than in the US: http://www.smartplanet.com/blog/bulletin/africa-has-more-mobile-phone-users-than-the-us-or-eu/9053 Wow! Who'd have thought that a place with about one billion inhabitants would have more subscribers than a place with ~300 million (or ~700 million for Europe)! So let's not bother improving the world then? Quote Can we please end the charity scam in Africa? You are one of the idiots that the guy who made this post hates. Source is a comment in the link about mobile phones that was posted above: http://www.smartplanet.com/blog/bulletin/africa-has-more-mobile-phone-users-than-the-us-or-eu/9053With an exploding population nearing 1.4 billion and now the second largest pool of mobile phone users on the planet AND a rising obesity rate, can we finally admit the whole "Africa is dying" claim is mostly fraudulent? http://www.globalpost.com/dispatch/news/regions/africa/south-africa/121119/african-health-obesity-malnutrition http://interesting-africa-facts.com/Africa-People/Overpopulation-in-Africa.html Several studies have shown that a majority of the charity donations extorted from western nations with pictures of starving kids in dirty hovels are going to support fat cats in charity organizations, bribe local government officials and fund local war lords. In some cases less than 10% of all donations make it to the people being "helped." http://ca.reuters.com/article/topNews/idCATRE65L0SK20100622 http://www.bbc.co.uk/news/uk-12065113 http://www.judiciaryreport.com/madonna_and_kabbalah_close_their_corrupt_charity_due_to_criminal_investigation.htm http://www.huffingtonpost.com/2011/01/23/global-health-fund-fraud_n_812801.html http://www.thestar.com/news/investigations/charities/article/220756--charity-scams-bust-public-trust http://www.fundraising.co.uk/news/2011/07/27/charity-commission-warns-possible-scams-around-east-africa-crisis-appeal Posted by Hates Idiots Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: psybits on May 06, 2013, 02:40:45 PM Sorry aa I can't hear you - and I can't see all of the porn in your signature :D
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: aa on May 06, 2013, 02:43:29 PM You should probably get that cerebrovascular accident checked out.
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: DataPlumber on May 06, 2013, 02:45:52 PM Wow, this thread devolved quickly.
But if I might probe an assumption of the OP- why do people need to be involved in mining in order to participate in a cryptocurrency system? Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: psybits on May 06, 2013, 02:51:48 PM Wow, this thread devolved quickly. But if I might probe an assumption of the OP- why do people need to be involved in mining in order to participate in a cryptocurrency system? Well I think when people are mining it empowers them as they are doing something to earn the coins, and they are participating in the network. But then again. perhaps we could just do the mining ourselves and then distribute the coins based on other criteria, similar to Devcoin. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 02:53:50 PM But then again. perhaps we could just do the mining ourselves and then distribute the coins based on other criteria, similar to Devcoin. And why isn't devcoin on btc-e then? Need some forcing hands to make it work. Else greed will take overhand Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: psybits on May 06, 2013, 03:08:27 PM But then again. perhaps we could just do the mining ourselves and then distribute the coins based on other criteria, similar to Devcoin. And why isn't devcoin on btc-e then? Need some forcing hands to make it work. Else greed will take overhand Devcoin used to be on BTC-e, but they did not continue supporting it as they were not willing to support that many decimal places in their system. Devcoin is one of the original alt coins and it has a very strong community. I would like to stick with your original vision of easier mining as well blastbob - as I said it is something I have been thinking of too :) Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: phillyj on May 06, 2013, 03:27:26 PM Why are you all trying to make mining accessible to those who can't afford it? Why not focus on building a BTC based charity? Build the use of BTC and not the mining of BTC. It's hard to buy things with BTC now but it is possible to trade BTC within the community, like a real currency.
So trade for services or community-created objects that can be provided to the poor. If all you people think about is mining, you can't advance BTC as a currency. Maybe we can work with an NGO for logistics of the final service/product delivery. This might shift the image of BTC from bad (silkroad) to good (benefiting society). Otherwise, BTC is only useful for llama socks and speculators. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: GSnak on May 06, 2013, 04:08:45 PM The phones in Africa are usually not $400 iPhones or Galaxy S3, they're old Nokias with little processing power. Also, running a miner in the background would limit battery life. Food and clean water is what they need most, and simple things like shoes.
Also, Devcoin is not worth very much. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: Barnacle_Ed on May 06, 2013, 04:26:32 PM Also, Devcoin is not worth very much. Of course each individual devcoin isn't worth much...there's 50,000 DVC/block and a few billion in circulation at this point. Saying the currency itself isn't worth much based on that is ignorant. On topic: BBC had an article today (http://www.bbc.co.uk/news/business-21351648) in a somewhat similar vein. Perhaps a charity-based cryptocurrency can be used to help microlenders or entrepreneurs trying to support poor nations, rather than having citizens of those nations try to mine themselves. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: GSnak on May 06, 2013, 04:32:06 PM Mergemining DVC adds 2.9%, not exactly huge additional value we're dealing with here. Though I suppose if you have a billion of them...
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: Barnacle_Ed on May 06, 2013, 06:02:35 PM Mergemining DVC adds 2.9%, not exactly huge additional value we're dealing with here. Though I suppose if you have a billion of them... I suppose that's true. They don't add a whole lot of benefit for miners. Still, 2.9% extra profit is still 2.9% extra profit. And yeah, for the developers who have racked up a few hundred million devcoins, I'm sure they're happy with how things have played out. Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 06:12:08 PM microloans through kiva.org is a good thing, i got around xxx$ into that. Some are lost in fees, but they are optional.
http://screencast.com/t/GfR4k5FRMdJl Edit: Found Bitcoin KIVA group - http://www.kiva.org/team/bitcoin Someone need to share more :) Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: markm on May 06, 2013, 06:15:24 PM I was thinking about this to, calling it Charity Coin. Have 50% going to a charity pool and 50% going to miners. Read the history of DeVCoin. Charity pools were tried. DIdn't work. Thus DeVCoin was created instead. -MarkM- Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: tjamz on May 06, 2013, 07:02:03 PM .. and it creates a crypto currency that we all can buy in on and make it prosper? Some brainfarts: -- USB/Other device with ( insert special hardware chip here ) inbuilt simcard for edge usage. AirDrop/Handouts in part of the world where its needed. -- Need official pools where these these will auto connect to. -- Need to work with any latency 100-1000ms -- Need a organization that makes sure everything is done as right as possible. Of cause in Africa one warlord will take them all anyway.. I got some of my brainfarts from this thread - https://bitcointalk.org/index.php?topic=196281.0 it could run on the 'one laptop per child' ;) Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: digitalindustry on May 06, 2013, 07:14:32 PM Places that require airdrops usually don't have internet access. air drop the newly announced "PovertyCoin" ..? could work? ??? Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: blastbob on May 06, 2013, 07:16:03 PM They could always snail mail their hashes
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: TiagoTiago on May 06, 2013, 07:21:35 PM Well, sneakernet has bigger bandwidth than broadband internet; the latency sucks though...
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: digitalindustry on May 06, 2013, 07:21:47 PM Places that require airdrops usually don't have internet access. air drop the newly announced "PovertyCoin" ..? could work? ??? picturing the forum readers rushing to the front page to check for "Povertycoin [ANN]" but seriously what about a coin that is mined by the Government of the day only, then distributed how they see fit? - that would make for an improvement? then the people that don't have power wouldn't have to mine it . Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: GSnak on May 06, 2013, 07:28:17 PM They have that, it's called a central bank.
Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: digitalindustry on May 06, 2013, 07:29:57 PM They have that, it's called a central bank. heeey , and then they don't even have to mine ! great idea ! Title: Re: How can we make a coin/hardware that will go the poor, in the third world Post by: markm on May 06, 2013, 07:35:18 PM Yeah clone Ripple, but make seven hundred billion chipples (charity ripples), one hundred billion per continent, and let each continent's council of elders or whatever (warlords? oops) figure out how to distribute them.
Well maybe how about use those field ID issuing kits, where troops take biometric measurements and issue IDs on the spot, so you can give out one coin per each different biometric profile the field officers claim is a distinct person? -MarkM- |