Bitcoin Forum
December 06, 2016, 02:14:28 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Active Mining  (Read 1265 times)
johnj
Full Member
***
Offline Offline

Activity: 154


View Profile
September 07, 2011, 02:04:14 AM
 #1

Correct me if I'm wrong in how I understand how Bitcoin works. This idea is based on a very rough understanding, but I'm just throwin it out there to see if it has any merit.

Two of the problems with bitcoins are 1) Slow confirmations needed for micropayments, 2) A looming Double-Spend threat. Currently Bitcoin takes use of a great deal of computing power but it neglects utilizing the person behind the computer.

The idea is the merchant could poll random nodes to verify a transaction is visible from their end.  This random poll would be real people scanning a the block looking for the transaction in real time. These people are verified to be 'active' by some sort of refreshing Captcha (or some other device) which would need to be authenticated by the miner every X period (lets say every 5 minutes).The active miners would only be presented with an address and an ammount and would only be able to 'vote' verified/unverified.  The merchent would then be provided with the tally of yay/nay's.  I guess you could even set the level of verification, such as how large your sample is and even re-polling against other samples.  This would come with a fixed fee (lets say, .0001 per verification per average sample) which would then be split up among those who did the verification.  To protect against a 51% majority, the merchant could ask for a sampling of 51%+ (up to their choosing) and resample after that (1+N polls of 51%+) as their sample size.

Is this feasible?  Or am I barking up the wrong tree?

1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym
TradeHill Referral TH-R120549
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
kjlimo
Legendary
*
Offline Offline

Activity: 1498


View Profile WWW
September 07, 2011, 02:43:06 AM
 #2

Intriguing idea.  It would have to have a verification code or something. 

However, I'm not so sure how much you'd be able to make with that... sounds time consuming and not very scalable.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
johnj
Full Member
***
Offline Offline

Activity: 154


View Profile
September 07, 2011, 03:00:15 AM
 #3

Intriguing idea.  It would have to have a verification code or something. 

However, I'm not so sure how much you'd be able to make with that... sounds time consuming and not very scalable.

Well its just a rough idea, its more than open to being built upon if there is any merit to the idea.

Let's say the it's .0001 for the polling and the average would be 10 users (preferably as far geographically away from eachother as possible).  That's .00001 for each of those people.  But that's per poll.  If there are hundreds/thousands of transactions that need to be verified every hour, it adds up.  There are many people who could/would do this, such as elderly, disabled, stay-at-home parents, kids, people in countries where the average days wage is single-digit dollar amounts, etc.  There could be a system that if you're consistently in the minority of the votes (as in you're just screwing around) the lower your accuracy the less verifications which get routed to you.

1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym
TradeHill Referral TH-R120549
Minsc
Full Member
***
Offline Offline

Activity: 210


View Profile
September 07, 2011, 03:02:21 AM
 #4

Recaptcha uses a system where they give captchas mixed with a scanned text a computer can't read.  Ten people or so have to give the same answer for the scanned text or it won't be accepted so one person putting the n-word won't get it erroneously put into an ebook.  This can work for mining bitcoins.  It can make it so mining isn't dominated by whoever is rich enough to buy the best hardware.

1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
ohforf
Full Member
***
Offline Offline

Activity: 126


All your Bitcoin are belong to us


View Profile
September 07, 2011, 06:20:50 AM
 #5

If miners have to solve captchas, i would quit mining and never look at bitcoin again.  Angry

The fool who knows his foolishness, is wise at least so far.
But a fool who thinks himself wise, he is called a fool indeed.
Minsc
Full Member
***
Offline Offline

Activity: 210


View Profile
September 07, 2011, 06:37:18 AM
 #6

If miners have to solve captchas, i would quit mining and never look at bitcoin again.  Angry

Gmail uses visual captchas that are human unreadable, but there's software that can read them at 97% accuracy.  So it won't be a visual captcha.

1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
RandyFolds
Sr. Member
****
Offline Offline

Activity: 434



View Profile
September 07, 2011, 06:37:54 AM
 #7

Intriguing idea.  It would have to have a verification code or something. 

However, I'm not so sure how much you'd be able to make with that... sounds time consuming and not very scalable.

Well its just a rough idea, its more than open to being built upon if there is any merit to the idea.

Let's say the it's .0001 for the polling and the average would be 10 users (preferably as far geographically away from eachother as possible).  That's .00001 for each of those people.  But that's per poll.  If there are hundreds/thousands of transactions that need to be verified every hour, it adds up.  There are many people who could/would do this, such as elderly, disabled, stay-at-home parents, kids, people in countries where the average days wage is single-digit dollar amounts, etc.  There could be a system that if you're consistently in the minority of the votes (as in you're just screwing around) the lower your accuracy the less verifications which get routed to you.

I would hire ten thousand ethiopian children and become the king of captchacoin.

▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
▓▓ ONEDICE.ME ▓▓▓▓▓ BEST DICE EXPERIENCE ▓▓▓▓ PLAY OR INVEST ▓▓▓▓▓▓
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
sd
Hero Member
*****
Offline Offline

Activity: 730



View Profile
September 07, 2011, 12:10:35 PM
 #8

Is this feasible?  Or am I barking up the wrong tree?

It's a silly idea and you are a silly person for suggesting it.
johnj
Full Member
***
Offline Offline

Activity: 154


View Profile
September 07, 2011, 01:08:37 PM
 #9

Is this feasible?  Or am I barking up the wrong tree?

It's a silly idea and you are a silly person for suggesting it.


What's silly about it? Is it overall just not going to work, or impossible to code, etc?

Also, it wouldn't affect normal. 'Active Mining' would be completely optional, so normal miners wouldn't have anything to do with any captcha.

1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym
TradeHill Referral TH-R120549
sd
Hero Member
*****
Offline Offline

Activity: 730



View Profile
September 07, 2011, 05:47:28 PM
 #10

Is this feasible?  Or am I barking up the wrong tree?
It's a silly idea and you are a silly person for suggesting it.
What's silly about it? Is it overall just not going to work, or impossible to code, etc?

Also, it wouldn't affect normal. 'Active Mining' would be completely optional, so normal miners wouldn't have anything to do with any captcha.



You are attempting to replace a cryptographically safe system with a bunch of people solving captcha's. That's what's wrong with it.

Fakeman
Full Member
***
Offline Offline

Activity: 154



View Profile
September 07, 2011, 06:31:14 PM
 #11

I proposed something vaguely similar to this about a week ago in a thread about joke currencies: https://bitcointalk.org/index.php?topic=39696.msg492233#msg492233

16wEsax3GGvJmjiXCMQUWeHdgyDG5DXa2W
Minsc
Full Member
***
Offline Offline

Activity: 210


View Profile
September 07, 2011, 06:35:09 PM
 #12

CaptchaCoin - earn blocks by solving captchas and bot detector type questions taken from free email signup pages. The new email addresses are then used by the network to send spam emails soliciting "investment" in the new currency.

Make this and I will invest!

1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
gw4tt
Full Member
***
Offline Offline

Activity: 126



View Profile
September 07, 2011, 06:48:57 PM
 #13

http://decaptcher.com/ $2 per thousand.
Fakeman
Full Member
***
Offline Offline

Activity: 154



View Profile
September 07, 2011, 07:29:48 PM
 #14

http://decaptcher.com/ $2 per thousand.
That sounds surprisingly cheap if it's done by humans, are they just working as quality control for the output of a computer program or are they actually typing them all in by hand?

16wEsax3GGvJmjiXCMQUWeHdgyDG5DXa2W
Sekioh
Full Member
***
Offline Offline

Activity: 163


FirstBits: 1sekioh


View Profile
September 07, 2011, 07:51:16 PM
 #15

$0.002 / captcha? probably about 5 seconds per captcha, 20/min ($0.04), 120/hr ($2.40)...

That's not really cheap for a third-world country. I mean by our standards it's sweat-shop labor but think about people who don't have jobs anyway, as long as there is business backed up nonstop then it's actually pretty good money for just typing.
Fakeman
Full Member
***
Offline Offline

Activity: 154



View Profile
September 07, 2011, 08:16:06 PM
 #16

$0.002 / captcha? probably about 5 seconds per captcha, 20/min ($0.04), 120/hr ($2.40)...

That's not really cheap for a third-world country. I mean by our standards it's sweat-shop labor but think about people who don't have jobs anyway, as long as there is business backed up nonstop then it's actually pretty good money for just typing.

I think you mean 1200 per hour but yeah, that does put it into perspective.

16wEsax3GGvJmjiXCMQUWeHdgyDG5DXa2W
johnj
Full Member
***
Offline Offline

Activity: 154


View Profile
September 07, 2011, 08:16:40 PM
 #17

You are attempting to replace a cryptographically safe system with a bunch of people solving captcha's. That's what's wrong with it.


No no this would be a merchant service....


You know what, nevermind.  Yes, I'm talking about a massive p2p captcha game.   Roll Eyes

1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym
TradeHill Referral TH-R120549
gw4tt
Full Member
***
Offline Offline

Activity: 126



View Profile
September 07, 2011, 08:26:09 PM
 #18

i think decaptcher is run by a company in india. Not 100% though.

But yea, lots of people in India make their living off solving captchas.

Captchas don't stop spam, but it's a clever way to give more people jobs  Cheesy
johnj
Full Member
***
Offline Offline

Activity: 154


View Profile
September 07, 2011, 08:33:23 PM
 #19

i think decaptcher is run by a company in india. Not 100% though.

But yea, lots of people in India make their living off solving captchas.

Captchas don't stop spam, but it's a clever way to give more people jobs  Cheesy
.

Well I was thinking the captcha would -only- be used to to make sure the guy behind the keyboard is human.  The rest of the time he'd just be answering polls for merchants about various transactions.

Maybe you guys have already lost me.  In either case it's just out there to be built upon. 

1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym
TradeHill Referral TH-R120549
sd
Hero Member
*****
Offline Offline

Activity: 730



View Profile
September 07, 2011, 10:01:35 PM
 #20

You are attempting to replace a cryptographically safe system with a bunch of people solving captcha's. That's what's wrong with it.
You know what, nevermind.  Yes, I'm talking about a massive p2p captcha game.   Roll Eyes

Don't make me mock you with lolcats once more.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!