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Author Topic: Advertising in the block chain.  (Read 1971 times)
cbeast (OP)
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February 03, 2012, 05:36:04 AM
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Would it be possible for miners/mining pools to insert advertising into a block chain which can be displayed on a client?

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February 03, 2012, 05:38:34 AM
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yes you can store any arbitrary data in the blockchain.  Although given you would need a custom client to display ads wouldn't it be easier to just have the client connect to an adserver?
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February 03, 2012, 05:53:02 AM
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Just looking for other ways to incentivise miners and pools.

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February 03, 2012, 05:59:04 AM
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Is there  not enough advertising in most aspects of our lives?

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February 03, 2012, 06:11:25 AM
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Is there  not enough advertising in most aspects of our lives?
Someone has to pay for the transaction. It wouldn't hurt to have advertisers offset the costs of mining. In fact, even fiat money advertises a political message. I would rather have something on my bitcard other than a dead president's mug.

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February 03, 2012, 06:13:21 AM
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Is there  not enough advertising in most aspects of our lives?
Someone has to pay for the transaction. It wouldn't hurt to have advertisers offset the costs of mining. In fact, even fiat money advertises a political message. I would rather have something on my bitcard other than a dead president's mug.
Agreed. How to put into motion?
Modified GUI client to read each block's "ad"'s?

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February 03, 2012, 06:22:10 AM
 #7

I would advise against it.  You don't want to go down in history as the first guy to spam the blockchain, your shame on display for eternity.

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cbeast (OP)
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February 03, 2012, 06:24:29 AM
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I would advise against it.  You don't want to go down in history as the first guy to spam the blockchain, your shame on display for eternity.
Chances are, it would get pruned out when we start using lite block chains like stratum. It would remain on the full block chain, but general users won't be using that.

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February 03, 2012, 06:32:24 AM
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Are you thinking about a way to supplement miners when the block reward halves to 25?
Not only that, but also some way for Bitcoin to tie into other applications like social networking and games.

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February 03, 2012, 08:53:35 AM
 #10

Remember that miners are those who decide what makes it into the block chain, and are paid for it.

For everyone else, the size of the block chain is just a cost they are or are not willing to carry.

I'm not sure whether encouraging miners to put advertisements in the block chain is a good idea.

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February 03, 2012, 10:14:55 AM
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How about a client with which you can Accept ads to send bitcoins for free?

Now how would you prevent someone to spam the blockchain?
How about taking a fee, but giving it back one year later? Would something like that be possible with the new transaction type?
This would mean that it does cost you to send a message but you will get the cost back.
This way its free to send a message if you accept the ad, but you are still prevented from spamming the blockchain?

Would it be possible to send transaction to this adress for x amount of time and than back after x time?

Though I can se a problem with this since we do not want a mining pool to give out their own client and control all the transactions.

Would it be possible to create an p2p ad service that auctions out ad space, like google ads?
The earnings from the ads are divided out to all miners.

But it would need some management to make sure no hate messages or porn ads got through.
Perhaps a p2p filter. Only ads accepted by x amount of miners will pass out.






This needs more thinking and with my headeach I will leave that to you.

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February 03, 2012, 01:57:28 PM
 #12

Back in 2003 Bill Gates wanted to allow full unsolicited e-mail to people,  with the caveat that each person get's paid to read the mail.

Each spam message you got you would also be getting 10 cents or something like that....   I'm thinking bitcoin could actually make that happen.

a custom client,  the advertising only shows up if you get bitcoins delivered to your client.

 

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