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Physics-based cryptocurrency transmits energy (not just info) through blockchain

• matt321 4y ago
  I don't understand. The article claims the coin can be "consumed" to produce 1 KWH of electricity (in the example) but how does that happen? Also, if this works, let call them "Galactic standard credits"
  • sizzle 4y ago
    That is a great term, has a nice ring to it. Also, highly ponziable to make it into a cryptocurrency token.
• duskwuff 4y ago
  This appears to be reporting on a paper published in "Cryptoeconomic Systems", a relatively new journal with negligible impact. The paper [1] proposes the use of a Szilard engine to convert data into energy. This is an astoundingly silly concept on the border between thermodynamics and information theory -- it is not something which can be physically realized in any practical form. [1]: https://cryptoeconomicsystems.pubpub.org/pub/murialdo-physical-asset-stablecoin/release/2 https://cryptoeconomicsystems.pubpub.org/pub/murialdo-physic...