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by quohort
684 days ago
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Sounds like Gridcoin. The problem with these systems is that it's difficult to write a useful proof-of-work scheme that produces useful work as side effect. So you have a loss of decentralization vs conventional cryptocurrency, but at least you have "fairer" distribution compared to proof-of-stake alone. The "Offer" Model presented just seems like a conventional multisig escrow, presumably with the blockchain serving a as a signalling mechanism? |
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