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by deckplecksetter 1871 days ago
If only someone could invent a cryptocurrency that incentivises something good instead of something harmful.
4 comments

Gridcoin is designed for this. It is based on scientific research and instead of sha256 hashes of random data, coins are earned by proof of your computer doing scientific research.

From their homepage:

> Examples include protein structure prediction (Rosetta@home), mapping the Milky Way galaxy (Milkyway@home), and tackling problems in public health and clean energy (World Community Grid).

How do you prevent malicious research projects in a decentralized system?
On-chain voting is used to decide what projects are whitelisted.
What would you consider malicious?
A project that provides credits without doing valuable research.
Proof of Social Good. Increase your neighbor's credit score and you will earn a coin.
It will be gamed.
There's FoldingCoin:

https://www.newsbtc.com/news/foldingcoin-where-people-mine-p...

Things that would make sense:

- SETI@homeCoin, ala https://en.wikipedia.org/wiki/SETI@home

- ArchiveCoin, ala https://wiki.archiveteam.org/index.php/ArchiveTeam_Warrior

These would actually be useful.

If I fold for free, i get nothing.

If I fold trough one of your examples I can get money.

Where is that money coming from?

Blockchain seems like an artificial extra step to pay folders in this case.

The problem is that it is really hard to link non digital things to the digital world.