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A centralized CO2 coin would work. Drop off your CO2 at our depot and we'll deposit coin in your account. Not sure how you'd decentralize a physical process th
by missedthecue 5y ago
A centralized CO2 coin would work. Drop off your CO2 at our depot and we'll deposit coin in your account.
Not sure how you'd decentralize a physical process though.
- prakhar897 5y agoIt's already decentralized. U can give each other the CO2 capsule as a form of currency.
- kimixa 5y agoI have no idea how to do this without opening yourself up to near-trivial cheating either, as the validation of work isn't intrinsically linked to the actual effort like current crypto coin systems rely on. And if there's a centralized arbiter validating people's capture results, then you've just invented a centralized currency? Why have crypto at all? It sounds like carbon credits (with all it's failings) with extra steps.
- rzzzt 5y agoAlso runs afoul of the cobra effect -- people can burn more stuff to produce CO2, then capture and deliver it to retrieve coin.
- meowkit 5y ago> I have no idea how to do this without opening yourself up to near-trivial cheating either, as the validation of work isn't intrinsically linked to the actual effort like current crypto coin systems rely on. This is known as the oracle problem and is actively being worked on.