mokimarket (OP)
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November 23, 2013, 12:39:24 PM |
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I've been thinking about this a alot...but does anyone have any conceptual ideas on how to create a coin that is only mineable by human energy?
I think such an alt coin would be more revolutionary than bitcoin, money is directly linked to the physicality of any individual...would this not make society more democratic if such a coin took off?
I know it's a crazy showerthought idea, but just curious as to the feasibility of such a thing?
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FiniteByDesign
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November 23, 2013, 12:41:33 PM |
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+1 for FitCoin
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kokjo
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You are WRONG!
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November 23, 2013, 12:43:04 PM |
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oh! its simple, its called selling stuff you made, for some other stuff someone other made that you considered of equal value.
It have exists is the last tens of thousand years, and probably before that too.
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"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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mokimarket (OP)
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November 23, 2013, 12:47:52 PM |
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oh! its simple, its called selling stuff you made, for some other stuff someone other made that you considered of equal value.
It have exists is the last tens of thousand years, and probably before that too.
Aside from the sarcasm, that doesn't address the question of whether or not it's possible to create a human only minable cryptocoin?
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mokimarket (OP)
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November 23, 2013, 12:48:11 PM |
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+1 for FitCoin
I love that name!
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mokimarket (OP)
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November 23, 2013, 12:52:08 PM |
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That's what I was thinking, like maybe it give new gps coordinates based on your location and each gps coordinate is a random guess to some algorithm that statistically matches some number in the network x% of the time.
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Roddy5690
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November 23, 2013, 01:00:55 PM |
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If this takes off, tell me. I want in on the idea. Think it sounds brilliant Roddy
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matt608
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November 23, 2013, 01:03:02 PM |
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Devcoin is a step in that direction, its 'earned' by writing (but not directly mined by writing).
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kokjo
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You are WRONG!
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November 23, 2013, 01:26:15 PM |
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oh! its simple, its called selling stuff you made, for some other stuff someone other made that you considered of equal value.
It have exists is the last tens of thousand years, and probably before that too.
Aside from the sarcasm, that doesn't address the question of whether or not it's possible to create a human only minable cryptocoin? There have no mentioned of cryptocurrencies in the OP. But the short answer would be no, or simple barter.
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"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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miffman
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PGP ID: 78B7B84D
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November 23, 2013, 01:37:29 PM |
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You'd have to find something humans can do better than computers iteratively
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peterlustig
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The Fourth Generation of Blockchain in DeFi
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November 23, 2013, 01:42:29 PM |
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Solving captchas? I imagine a future full of human mining farms, creepy.
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NUFCrichard
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November 23, 2013, 01:43:23 PM |
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Great idea but very difficult to do. I can imagine insurance companies, sports companies and alt coiners all loving it! I thought of something related to a cycling power meter, but it would be easy to fake..
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kokjo
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You are WRONG!
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November 23, 2013, 01:50:05 PM |
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You'd have to find something humans can do better than computers iteratively
and yet be easily verifiable for a computer.
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"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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PenAndPaper
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November 23, 2013, 01:51:14 PM |
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Also from a social perspective such a design will cause people that work on physical jobs, and usually belong to lower-middle class, to catch up easier with the rest. I mean a doctor will charge more of course for his services but a worker will have a larger return from mining
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mokimarket (OP)
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November 23, 2013, 02:05:33 PM |
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Also from a social perspective such a design will cause people that work on physical jobs, and usually belong to lower-middle class, to catch up easier with the rest. I mean a doctor will charge more of course for his services but a worker will have a larger return from mining That's why it would be so revolutionary, can you imagine a system in which physical labor jobs actually pays more than white collar desk jobs?
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mokimarket (OP)
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November 23, 2013, 02:14:04 PM |
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You'd have to find something humans can do better than computers iteratively
I think one thing that a computer might not be able to do but might be easily verifiable by a computer is detect "human randomness"
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mokimarket (OP)
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November 23, 2013, 02:29:15 PM |
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Lol ahhh common...look I freely admit I havent a clue as to how it could work. But if you told me that a decentralized anonymous currency network could exist 10 years ago, I'm sure there would be more facepalms than the one in that picture.
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