Bitcoin Forum

btc computin power is many times more powerful than world's fattest supercomputer.

Wouldnt it be great to use that power for something useful and get coins for it too?

The big problem with that would be the funding.

You should have put this in the meta section so that theymos would pass this wonderful insight to the proper authorities. In fact, PM theymos and have him move this thread for you.

https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcQWB_P07QB6x5DxBflE37bDpCM1O3O8IfU5BJUzPxUE9Oeaw4kJoA
"I see what you did there!"

You can use your computer power for many years ago with Boinc and Folding.. But it's for science and we do it for free.. The only thing you receive is being part of the "family". But when money is involved, you have investors and people are more attracted to it.

It is used for something. It is securing the first decentralized cryptocurrency from attack.

Monetary freedom is one of the most important things that can exist. So much good can come from people who are free.

please reply what is the fnding problem.



A kickstarter like website for science research allowing you to choose what science you want to progress.The difference is you mine/find soluyion to science problem and get paid or/and list your own projects you want like new gpu design and pay miners for their computing power contributing to solving wahtever you want


this is one of many ideas.PLEASE post a better one or improve this one

You can 'mine' XRP while computing cancer research.

http://www.worldcommunitygrid.org/

cant this also be useful for solving better problems?

Who would pay the ones working on the problem (with a reasonable amount of money)?

what if i/you want everyone to start developiing something you want and be able to pay them for it so they do it quicker?
Imagine how many problems will be solved..?

also you mine hings like folding at home and you pay for the cures theyve found!!!

Bitcoin is useful. Just because mining looks useless at a node-level doesn't mean it isn't a useful pursuit at a macro level.

That is called "working" and to get people to work you "employ" them and you therefore have to pay them good for doing such things.

whoever wants the problem solved.

example 1234 people want a new 3D PRINTER designed.They fund it like Kickstarter.com and whoever solves it get paid according to how much theyve solved.Obviously the 1234 people who want the design can mine too.

No, not with the current way proof of work is implemented in Bitcoin.

I suggest you read about the proof of work, how it is implemented in Bitcoin, and get a greater understanding before continuing down this path.

There have been many threads on this forum discussing this topic.

TL;DR: Work that has another purpose does not create any security for the block chain.

will bitcoins have to be mined forever to make it work forever?

Yep. Someone has to confirm the transactions.

example 1234 people want a new 3D PRINTER designed.They fund it like Kickstarter.com and whoever solves it get paid according to how much theyve solved.Obviously the 1234 people who want the design can mine too.



please improve my idea people  8)

I don't really understand how it would even be created? It's not really like you just can say to your computer "Design a new 3D printer"!

But at that time one cpu can do all the work.

SO WE WILL be able to use the power once used for btc mining for solving better problems?How long will btc be mined?

140 more years and if you mean the asics no. Theyll be useless

~2140 or close to that

Bitcoin has started because it was supported by a large enough community of competent people.This idea can too.Im hoping that by writing about it more people will cooperate and form into a community

The 3D printer wasnt the best example.Obviously you need human to pc cooperation too cuz pc doesnt know what 3d printer is bu tyou need to break it apart so you can use the computing power and put the results together. I cant tell exactly right now what problems with new 3d printer design or anything else needs to e solved because you find out those things when you start the idea.


get it now ???
"what’s the most resilient parasite? an idea. a single idea from the human mind can build cities. an idea can transform the world and rewrite all the rules" - Inception

PLEASE SUGGEST IMPROVE idea.

or tell me whats wrong with it?

Bitcoin will be "mined" forever, regardless of the block reward. If Bitcoin "mining" ends, Bitcoin transactions are no longer processed.

Bitcoin will be mined as long as Bitcoin is used.

Your idea has nothing to do with Bitcoin or Bitcoin "mining".

Perhaps you should move your thread to "offtopic".

At that point one cpu can mine

Curecoin is launching soon, the proof of work for that will be useful.  Also bitcoin work is useful just because all the cryptos need a strong bitcoin, bitcoin work is just useful because it supports bitcoin which is useful and supports all the other amazing crypto innovations happening.

If you want transactions that can be rendered invalid by someone with two CPUs, sure.

rofl nicee :D

There will still be lots people mining since there will still be a transaction fee to pay the miners.

If Bitcoin is still being used by then, of course.

how many people will have to be inlvoled in this to launch off? how hard will it be?

Improve it by learning how to write grammatically correct posts. People can't help you if they don't understand you.

If English is not your first language then don't use for this idea.

Gridcoin says it does something like this. Inhave no idea if it is legit, only read their page. Altruism and money creation tend to not blend well. Wish that it were, but the concepts behind bitcoin are bound to spill into everywhere. Cure for cancer may be even more lucrative than treatment, also saw bitcongress somewhere with a token system for voting.  

High entropy systems are wasteful by definition, but the synergies they create are often worth it. You just have to look at the big picture with btc.

I do wish we could've used folding but the work isn't flexible and checking it is another manner.

How do we measure 'hardness'?

You will need at least one really clever person like Satoshi Nakamoto, or Vijay Panda, or leaders of the World Community Grid projects (which I've briefly forgotten), a bunch of other clever people, some support staff and about 2-5 years funding for them.

this isa huge ripoff if you help find a cure and have to pay for it anyway

If a coin like my idea was made tomorrow would you mine it instead of btc?

You can. You just have to support gridcoin.

Also ripple works with worldcommunitygrid.

Bitcoin won't change, cause it would make asics obvious ...

gridcoin doesnt allow you to choose what problem you want to solve

Well ok i want to solve mortality. Or maybe women.

Toss up there. In any case if i could do that with my pc i would. Whom shall i ask is writing the software?

the coim creators

enough people tell them they will do it

Well you keep working on that. I had a crazy idea today where people would just get paid for whatever they really wanted to do with their lives no matter productive or useless it was. Seems maybe there is room for that in the world. But if someone can write a program to solve things like mortality and women they can get great funding as is, it is a shortage of something beyond computing power is my take. I could be wrong.  

Like this? http://en.wikipedia.org/wiki/Basic_income

Lol, what? Solve things like moratlity and women?! Please explain! :D

this idea is crazy compared to today.It possible if food electrvity air = free "Well you keep working on that" too :D  ;)

according to history books people in medieval ages lived very short cuz of all what they ate breathed etc.Maybe someday mortality will be solved?



back on topic can you ask coin creators too for this idea? if its possible?

Folding@Home should develop their own coin.

For every protein you fold you get a coin.
With a secondary network to process transactions where you can only get tx fees.
Something like that. I was thinking this years ago.

It's a shame we can't put our computing power towards scientific research while getting paid for it.

I would support fixing women

I'm trying to solve that exact problem with Scicoin ( http://www.scicoin.org )

My solution to the problem involves a bit of social trickery and a new (non-?)"economic" model.

The idea is to keep the proof-of-work as it is, completely useless, but, have the network "detect" that a block has been "mined by science." When the network thinks a scientific institution found a block, it multiplies the reward by 10,000. Then there's a social contract: scientific institutions should only use these coins to reward useful computing work done by people who donate their computing power to solve useful problems, at the same approximate rate that "mining" the coin itself would reward the users. E.g. if you would earn 1 coin for 1 petaCHOP (Coin Hash OPerations) of work, you would also give 1 coin for whatever cure for cancer computing effort you put in that's roughly equivalent to 1 petaCHOP. The scientific institutions would not spend these coins otherwise (i.e. let them rot). This way for ever X computing effort to "mine" the coins, OVER 9000 times that can be spent on useful work and you still get coins for that AS IF you were mining them too.

The way the network detects a "Block Mined for Science(TM)" is by checking whether there's a pool mining more than half of it. The network simply assumes that whoever mines the majority of the coins is a pool that serves scientific projects and that it does the right thing.

And about the "not-really-a-coin" aspect: the coins are unlimited and you get paid by the hashes you put in, forever. To avoid runaway inflation we can simply use Freicoin's awesome "coin rot" feature (i.e. use it or lose it).

The whole idea is for the system itself to NOT be "money," that is, it is not to be confused with a vehicle for "storing wealth," for the current cultural definition of "wealth." With this, it becomes possible to have a simple "10,000x" reward heuristic based on a simple no-stress honor system. If it is exploited, oh well, no problem, just reset the game or try something else.

And the coins are unlimited, there's no end to mining and therefore no end to the toy-incentive to contribute to science.

And Basic Income was a huge motivator of this whole train of thought. Interesting that that was mentioned in this thread too.

Didn't know about gridcoin, curecoin. Will look into them.

Right now, most of the btc hashrate comes from ASIC instead of CPU and GPU.
If my understanding is correct, ASICs are designed to work well only in integer performance.

What kind of scientific research requires only integer computation instead of floating-point?

Curecoin dev team have been working with Stanford University to do this:
https://bitcointalk.org/index.php?topic=330685.0

Latest thread regarding launch in a couple of weeks:
https://bitcointalk.org/index.php?topic=432510.0

you make a point.
it's better to be rewarded by a happy ending ;D