Bitcoin Forum

Other => Beginners & Help => Topic started by: adir77 on December 19, 2013, 11:56:28 AM



Title: Why not make a coins, while digging = calculate something useful?
Post by: adir77 on December 19, 2013, 11:56:28 AM
Hi

This is probably good for Hyde Park :)
I'm newbie in coins, mining etc. ->  I'm sorry if I say any stupidity  ::)

If I understand correctly, mining consists in calculating the cryptographic hashes that are not anyone to do anything you need?

Would not it be better to link the coins mining of calculating something of value such as Seti or cancer research?

Coins would be assign (paid) for processed a data packet.

It would have been much more difficult to build such a system of coins, but more useful and more enjoyable :)

Sorry for my poor English and little knowledge in the field of coins

What do you think about?

If a similar idea recently fell on the forum I'm sorry for repeat


Title: Re: Why not make a coins, while digging = calculate something useful?
Post by: iPaulito on December 19, 2013, 11:59:27 AM
Hi

This is probably good for Hyde Park :)
I'm newbie in coins, mining etc. ->  I'm sorry if I say any stupidity  ::)

If I understand correctly, mining consists in calculating the cryptographic hashes that are not anyone to do anything you need?

Would not it be better to link the coins mining of calculating something of value such as Seti or cancer research?

Coins would be assign (paid) for processed a data packet.

It would have been much more difficult to build such a system of coins, but more useful and more enjoyable :)

Sorry for my poor English and little knowledge in the field of coins

What do you think about?

If a similar idea recently fell on the forum I'm sorry for repeat
You are absolutely right, try to use the search function here to find out about Curecoin - folding protein research, Namecoin - decentralized domain name system, Primecoin - prime numbers


Title: Re: Why not make a coins, while digging = calculate something useful?
Post by: Anubite on December 19, 2013, 12:04:01 PM
If only.

I heard it was something to do with proof of work, that things like folding@home would be exploitable to fake shares. Not sure on the technicals.

I only wish I was mining Bitcoin back when I was using BOINC. I'd be loaded.


Title: Re: Why not make a coins, while digging = calculate something useful?
Post by: adir77 on December 19, 2013, 12:19:33 PM
@iPaulito
Thanks for information about these coins.

@Anubite
Yes, "proof of work" is important but would have been nice if this made ​​the work was useful :)