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Show HN: A fun attempt at reinventing money
- cdvonstinkpot 10y agoMaidSafe app maybe could be interesting.
- spolu 10y agoCould you elaborate what you have in mind?
- cdvonstinkpot 10y agoIf I understand correctly, you have a 'mint' node running on a server that's associated with a user ID, so that user's trust record is tightly associated with the reliability of that box. But with MaidSafe, the mint node would exist on the network & redundancy is baked-in, so there's only a user ID involved- the durability of the mint node is effectively forever- or at least for as long as sufficient resources are made available to cover the node's network resource usage.
- spolu 10y agoThat's an interesting perspective indeed! This would alleviate the need to trust the reliability of the mint at least.
- cdvonstinkpot 10y agoAnother aspect that could be utilized is that a MaidSafe 'farmer' is paid at a rate proportional to their hardware's uptime patterns/resource contribution. Their earnings fund the purchase of whatever resources (compute, memory, storage, bandwidth) are necessary to run their mint node app. I would imagine there are numeric values available which represent both the available mint node operation time, & the rate at which their mint node operation time resorviour refills based on their farming hardware contribution relaibility/pay rate. Thus, there would be values available that could be plugged into some algorithm to programmatically influence a variable exchange rate for users on whatever mint node, based on that mint node provider's projected reliability, as dictated by data.
- spolu 10y agoFor context, personal research project with an entirely functional implementation that you can try in under 2mn, see: https://settle.network/ https://settle.network/ Would love feedback on the model and ideas of where it could be made useful!