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by Aperocky 2443 days ago
Because that would just be another more regular token .. like the dollar. Everything will default to the easiest path - crypto worked mostly because people are actually using it for reasons that prevent them from using regular currency. There’s nothing nefarious about science work that need to jump the crypto hoop.
1 comments

huh? Not sure you follow.

Nothing would change in the fundamental nature of bitcoin or any other currency. The only difference is the algorithm that you run on the back-end to mine the coin would be one of scientific importance rather than one with 0 societal value. The algorithm run right now is based on an NP problem. So why not just use another NP problem worth actually solving?

I’m saying that transaction need not be denoted by crypto. There’s no point to create something that already exist (buying computing power at AWS/ voluntary compute power sharing) just so it could be a crypto