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$y + $z must be greater than $x. If $y is money and $z is scientific contributions... $y is most likely not something people are offering money for. So in an op
by beaner 9y ago
$y + $z must be greater than $x. If $y is money and $z is scientific contributions... $y is most likely not something people are offering money for. So in an open market its value is at or near $0. So $z by itself must exceed $x.
To not care about the $z, $y must exceed $x by itself and that seems really unlikely for the types of things that OP suggested instead of proof-of-work.
- mygo 9y ago>If $y is money ... $y is most likely not something people are offering money for. scrathes head
- maldeh 9y agoIf $y is the useful PoW, would that not make $y the scientific reward while $z is the (monetary) token reward by way of mining? Edit: silly question on my part. y and z should be trivially interchangeable. Your argument appears to rest on the idea that the monetizeable scientific worth of the work would dominate the worth of the crypto token itself, since there would be limited value in an already-mined result beyond standard blockchain speculation - is that the case?