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Title: How true is an NFT pow based project? Post by: Crypt0Gore on December 04, 2022, 02:10:39 PM I don't know how true is this rumour, I heard from someone that there are few NFT projects that you can mint using proof of work/ GPU to achieve? Is this true?
It sounds crazy that I turned that person away because it sounds like a red flag to me, what do you think 💭 . Title: Re: How true is an NFT pow based project? Post by: miner29 on December 04, 2022, 06:03:46 PM It is complete utter garbage…just like your gut is telling you.
Title: Re: How true is an NFT pow based project? Post by: OgNasty on December 04, 2022, 08:34:49 PM I haven’t heard of this being a thing but I do find it interesting. I actually like this more than just paying a fee to mint something. It would be cool for all the participants of the project to help mine to create value and holdings for the project by mining on the project’s behalf. Reminds me a little bit of my NastyFans project, only we don’t give NFTs to those who donate hashpower. Maybe an interesting addition that could help see more participation from members in order to receive a reward…
Title: Re: How true is an NFT pow based project? Post by: Bitcoin_Arena on December 08, 2022, 11:47:41 PM Before we go any further, I hope you know what an NFT is, It's just a token deployed on another network like Ethereum, BSC, Solana etc. Now I think you can see a pattern, Almost all these smart contract base networks are now POS, I think Ethereum was the last man standing until recently.
How are you gonna mine an NFT deployed on a POS network using POW? It's just an impossible fanatasy IMO. Title: Re: How true is an NFT pow based project? Post by: halalsolutions on December 09, 2022, 07:39:42 AM Last man standing : )
https://bitcoin-subsidium.org Cpu mineable fork of Ravencoin. https://assets.kryptobay.eu NFT example: https://assets.kryptobay.eu/nfts/QmVFR8RRjGJdhhZxwQJR36NN5amxhxHsHb7yJVbo1xBjGC.png Biggest bonus for XBTX is it’s asic and gpu resistance Title: Re: How true is an NFT pow based project? Post by: FP91G on December 09, 2022, 10:44:45 AM I don't know how true is this rumour, I heard from someone that there are few NFT projects that you can mint using proof of work/ GPU to achieve? Is this true? If you prefer proof of work coins and NFTs on this blockchain, then the very first project is Ethereum Classic.It sounds crazy that I turned that person away because it sounds like a red flag to me, what do you think 💭 . If you are talking about mining NFT tokens, then I do not understand the meaning of this. Miners ensure the security of the blockchain and get coins for it. Title: Re: How true is an NFT pow based project? Post by: Bitcoin_Arena on December 13, 2022, 10:25:06 PM Last man standing : ) Last man standing, yet the last blocks that each had only one transaction were mined almost a month ago, or am I missing something?https://bitcoin-subsidium.org Cpu mineable fork of Ravencoin. https://i.imgur.com/YrKOXhh.png It is just one of those not so good projects that claims to be Environmentally friendly, but then they go ahead to use the Bitcoin name in their branding because without Bitcoin appearing in any part of their name, they won't get any attention. I always see such projects as deceptive and scam. |
