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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: JackH on November 30, 2014, 10:31:46 PM



Title: Getting lost in Proof of XXX
Post by: JackH on November 30, 2014, 10:31:46 PM
So we have Proof of Work and Proof of Stake, but I read about a number of other proofs out there. Just cant find them and was hoping someone would have a list to more proofs or a comparison review somewhere of different proofs. I want to dig into the subject a bit more and see what I can possibly think of from that.


Title: Re: Getting lost in Proof of XXX
Post by: cbeast on November 30, 2014, 10:33:47 PM
Yeah, most people are lazy and have an aversion to work. Alternatives to proof-of-work are for the get rich quick crowd.


Title: Re: Getting lost in Proof of XXX
Post by: pocesar on November 30, 2014, 10:34:38 PM
when I saw the title (Getting lost in Proof of XXX) I thought it would measure your importance on the network by the amount of porn you have. what's wrong with me


Title: Re: Getting lost in Proof of XXX
Post by: BitCoinDream on November 30, 2014, 10:40:29 PM
when I saw the title (Getting lost in Proof of XXX) I thought it would measure your importance on the network by the amount of porn you have. what's wrong with me

I thought the same... :P

By the way, another proof of xxx I have come across is proof of burn, where the coins are burnt by sending them to an irrecoverable address. Though I am not sure what it proves !!!


Title: Re: Getting lost in Proof of XXX
Post by: hhanh00 on November 30, 2014, 11:24:24 PM
In general proof of XXX shows that you are willing to spend some resource, i.e. that what you provide was not free to produce.
Proof of work: resource = work = energy
Proof of stake: resource = coin * days = you keep your coins but the number of days is reset.
Proof of burn: resource = coins. You are spending your coins.

The last case is most used in the first distribution of an altcoin. You burn your bitcoin and in exchange you receive altcoins.


Title: Re: Getting lost in Proof of XXX
Post by: teukon on November 30, 2014, 11:25:28 PM
I've heard of Proof of Storage (https://bitcointalk.org/index.php?topic=310323.0) too but this is an anti-DOS proposal; perhaps not what you're looking for.

I'm liking the Proof of Porn idea.  Is there a whitepaper you could link us to?


Title: Re: Getting lost in Proof of XXX
Post by: cr1776 on November 30, 2014, 11:31:41 PM
I've heard of Proof of Storage (https://bitcointalk.org/index.php?topic=310323.0) too but this is an anti-DOS proposal; perhaps not what you're looking for.

I'm liking the Proof of Porn idea.  Is there a whitepaper you could link us to?

I think it is all color, HD now, no whitepapers. :-)


Title: Re: Getting lost in Proof of XXX
Post by: jonald_fyookball on December 01, 2014, 04:18:04 AM
i think i saw something somewhere about proof-of-importance,
but i didnt look into much...didnt seem important.  :D


Title: Re: Getting lost in Proof of XXX
Post by: cbeast on December 01, 2014, 04:22:43 AM
Proof of XXX could also be Proof of Proof as in moonshine whisky.


Title: Re: Getting lost in Proof of XXX
Post by: ShroomsKit_Disgrace on December 01, 2014, 08:59:27 AM
cbeast, aka BitcoinTards Leader.


Title: Re: Getting lost in Proof of XXX
Post by: teukon on December 01, 2014, 10:48:33 AM
I've heard of Proof of Storage (https://bitcointalk.org/index.php?topic=310323.0) too but this is an anti-DOS proposal; perhaps not what you're looking for.

I'm liking the Proof of Porn idea.  Is there a whitepaper you could link us to?

I think it is all color, HD now, no whitepapers. :-)

Good point.  How about this?

Here, you can find the latest research on mechanisms of distributed consensus:
  • proof-of-work.pdf (180 kB)
  • proof-of-stake.pdf (245 kB)
  • proof-of-burn.pdf (71 kB)
  • proof-of-porn.avi (2.63 GB)


Title: Re: Getting lost in Proof of XXX
Post by: poncom on December 01, 2014, 11:04:43 AM
MaidSafe/safecoin uses Proof of Resource (POR), but it's only at the IPO stage. It sounds similar to Proof of Storage.

https://bitcointalk.org/index.php?topic=579797.0


Title: Re: Getting lost in Proof of XXX
Post by: BitcoinNational on December 01, 2014, 04:40:54 PM
I've heard of Proof of Storage (https://bitcointalk.org/index.php?topic=310323.0) too but this is an anti-DOS proposal; perhaps not what you're looking for.

I'm liking the Proof of Porn idea.  Is there a whitepaper you could link us to?

I think it is all color, HD now, no whitepapers. :-)

Good point.  How about this?

Here, you can find the latest research on mechanisms of distributed consensus:
  • proof-of-work.pdf (180 kB)
  • proof-of-stake.pdf (245 kB)
  • proof-of-burn.pdf (71 kB)
  • proof-of-porn.avi (2.63 GB)
<mother of god gif/>

proof-of-porn.avi

The Holiest of Holees!