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Bytecoiner419 (OP)
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May 30, 2016, 02:47:51 PM |
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Hello everyone. I recently thought of a new way to use blockchain tech and I think it would be a great idea.
We need to make a new altcoin for this...
It has to do with sharing free wifi with your neighbors in order to earn coins with (proof of bandwidth).
You would need to install a special framework software to your wifi router and it would record your wifi sharing and you would get rewarded new coins for sharing your internet connection. It would create an incentive to share your wifi with the public.
Imagine if anyone can find a free internet connection with ease.
I dont have the skills to create this idea but I really feel it would be a great new coin and I know I would get involved if it was created.
Do you guys think this could be made or is it just a crazy idea?
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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achow101
Staff
Legendary
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Activity: 3374
Merit: 6535
Just writing some code
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May 30, 2016, 03:23:34 PM |
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What prevents me from spoofing my bandwidth usage by connecting with another device that appears like it isn't mine but actually is? Then I use a lot of bandwidth and get rewarded a lot of coins.
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Bytecoiner419 (OP)
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May 30, 2016, 07:59:54 PM |
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What prevents me from spoofing my bandwidth usage by connecting with another device that appears like it isn't mine but actually is? Then I use a lot of bandwidth and get rewarded a lot of coins.
maybe you could charge some coins to use the connection. so i guess it would not be free. |
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Jannn
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May 30, 2016, 08:09:11 PM |
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You would need to install a special framework software to your wifi router
Forget your firewall, give access to your router directly! |
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Bytecoiner419 (OP)
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May 30, 2016, 08:58:55 PM |
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You would need to install a special framework software to your wifi router
Forget your firewall, give access to your router directly! lol. not like that. my router has a secure network and a "xfinity" free wifi signal for others with xfinity. so something like that. |
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amacar2
Legendary
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Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
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June 01, 2016, 07:56:19 PM |
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This needs to bypass the router firewall which make any device connceted in same wifi router vulnarable to access my another computer in network, and wifi range will be small so that altcoin should be famous and must be easy to buy by people near by you to pay you. I don't think this can be done at present.
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countryfree
Legendary
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Activity: 3052
Merit: 1047
Your country may be your worst enemy
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June 01, 2016, 10:42:06 PM |
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I don't think it could work unless you manage to get millions of folks all over the country to share their connection, and that would require huge money to begin with. So...
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I used to be a citizen and a taxpayer. Those days are long gone.
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Bytecoiner419 (OP)
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June 01, 2016, 11:24:18 PM |
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I don't think it could work unless you manage to get millions of folks all over the country to share their connection, and that would require huge money to begin with. So...
Well it is a good idea but as you said it would take allot of work but then again... No one would think that a "digital money" could have a +$8 Billion dollar market cap a few years ago. to decentralize internet access. |
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nikola.marconi
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Activity: 15
Merit: 0
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October 14, 2016, 05:47:26 AM |
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is this something interested for anyone still? I have been working something similar or close to this plus couple more fundamental feature sets for the platform that will help to build public and private anonymous and autonomous secure network. what if any internet access is like using electricity, plug and work. and borders without ISPs..
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HeroCat
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October 17, 2016, 02:18:23 PM |
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This will not go through, there can be a lot of problems - first of all there are always several Internet providers. I think you must find better idea - for example, receive BTC from testing new products, trade bot making etc.  |
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nikola.marconi
Newbie
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Activity: 15
Merit: 0
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October 17, 2016, 04:34:44 PM |
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This will not go through, there can be a lot of problems - first of all there are always several Internet providers. I think you must find better idea - for example, receive BTC from testing new products, trade bot making etc. I think it's fairly doable from my research, just needs bit of engineering resources |
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Hannu
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October 17, 2016, 08:50:25 PM |
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This will not go through, there can be a lot of problems - first of all there are always several Internet providers. I think you must find better idea - for example, receive BTC from testing new products, trade bot making etc. Tradebots (sell and buy) is not difficult to download on web. poloniex have fields what you can fill when site is selling, when its buying and what coin...  |
BTC: 3Qnnx4cu45Gx4WcksNCnBPu3TaUZ5sKkLo
LTC: LYX1ZH7f4qcXq52AzA6grUYDfDngVz7BEi
XRP: rLrbZMJDdL8eQd7HsW314bCtvE16LTLYkM?dt=1113
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cloverme
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Activity: 1512
Merit: 1054
SpacePirate.io
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October 17, 2016, 09:44:03 PM |
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Good effort, but it's rife with a number of hurdles. I would urge you to keep exploring and innovating.
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Decoded
Legendary
Offline
Activity: 1232
Merit: 1029
give me your cryptos
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October 18, 2016, 08:01:50 PM |
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Idea is interesting, however your method is flawed. People can simply spoof. You can't give something away for free and get rewarded for it, unless there's strict moderation.
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looking for a signature campaign, dm me for that
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