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Published 20 hours ago • verified publisher icon cybercongress

Build hardware infrastructure

Open cyborgshead opened this issue 4 years ago • 0 comments

Plan

  1. Start from creating supply for basic computing resources and spread evenly across the planet
  2. While network mature create demand
  3. Profit

Proofs

  1. GPU (Ethash)
  2. CPU (AstroBWT)
  3. Memory (NIPoST?)
  4. Location (PoL?)
  5. Bandwidth (Signed Delivery Chain?)

Module

  1. Every proof have a standalone verifier module
  2. Extend resources module to process inworkmint operations with dynamically linked verifiers

Economics

Proving each resource allows mint tokens. Mint schedule is defined for 10 years. Starting supply is zero. The total supply of each token is 10^15. To motivate miners for keeping tokens while tokens don't have demand staking is implemented. Emission starts from 99% of minted tokens allocated to stakers and 1% took miners. At the end of the period, 1% will be allocated to stakers and 99% to miners. After ten years 1% tail emission is applied.

Name of mechanism - inworkmint (extend resources module, add to investmint)*

cyborgshead avatar Nov 03 '21 06:11 cyborgshead