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Title: Concept for Torcoin Post by: Gordon Bleu on July 23, 2013, 10:24:08 AM Would it be possible to make a Torcoin, this shouldn't be mined liked the other Altcoins.
You could get Coins for operating a Exitnode on a Server to earn Coins for Packets thats passing thru to your Node. If you got much Bandwith and High Speed you get more Coins. The Coins can be reedemed for the exclusive first Node use, you(Miner) set up a Node get payed Coins for first use and after that for the Traffic you generate new Coins, i'm sure People will paying few Torcoins for a clean IP Does this make any sense? Title: Re: Concept for Torcoin Post by: Hydroponica on July 23, 2013, 10:27:25 AM Would it be possible to make a Torcoin, this shouldn't be mined liked the other Altcoins. You could get Coins for operating a Exitnode on a Server to earn Coins for Packets thats passing thru to your Node. If you got much Bandwith and High Speed you get more Coins. The Coins can be reedemed for the exclusive first Node use, you(Miner) set up a Node get payed Coins for first use and after that for the Traffic you generate new Coins, i'm sure People will paying few Torcoins for a clean IP Does this make any sense? And, how are these people, paying for a clean IP, getting coins to pay for it???? Title: Re: Concept for Torcoin Post by: Gordon Bleu on July 23, 2013, 10:29:24 AM And, how are these people, paying for a clean IP, getting coins to pay for it???? they can buy it on the Exchanges or directly from a Site for a fixed or a Marketprice, so the Miner can sell the Torcoins and non Miners can buy the Torcoin "anonymously". Title: Re: Concept for Torcoin Post by: skaffen on March 13, 2014, 11:27:14 AM Sorry to ressurect a dead thread, but this guy has used torcoin as an example of a "business model for open-source software".
http://startupboy.com/2014/03/09/the-bitcoin-model-for-crowdfunding/ Quote The Tor network is slow because it relies on volunteers to relay traffic. Anytime we see a line, the product in question is underpriced. Let’s crowdfund a Torcoin – users of relays will pay in Torcoins and operators of relays will get paid in TorCoins. Founding developers collect equity when TorCoins are first mined and sold. Non-founding developers and network operators are paid revenues from newly mined coins and transaction fees. Can we just use Bitcoin instead of Torcoin? Isn’t money supposed to be fungible to all use cases? Perhaps not – Bitcoin’s transaction speed is too slow for a dynamic network allocating bandwidth – 10 to 60 minutes is far too long to negotiate with a relay. And payments have to be anonymous. So a fast-clearing (Fastcoin can clear a block in 12 seconds), fully anonymous (likeZerocoin) variant is needed. I can imagine exit nodes somehow generating coins by their 'proof of exit', and internal nodes by 'proof of onion'. |