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I am surprised a workable IPv4 based POS coin has not been produced. The consensus protocols are already using IPv4 That is one IPv4 address -> one unit of vot
by sireat 6y ago
I am surprised a workable IPv4 based POS coin has not been produced. The consensus protocols are already using IPv4
That is one IPv4 address -> one unit of vote
Difficulty adjusts based on how many IPv4 addresses participate
Sure, it gives advantage to Apple, MIT or anyone with /8 block and disadvantages citizens from some countries with very small allocations but otherwise it could be scaled to whole world while staying truly green.
I suppose the hard part is figuring out the stake when multiple people on the same IP address want to participate.
- kruxigt 6y agoI guess one problem is that everyone has an IP, while only ones that really care puts in proof of work.