4 ms·
> I'm kind of curious to know if anyone has thought about this or is interested in funding this? I think we should distinguish between contributing work vs con
by ggeorgovassilis 3y ago
> I'm kind of curious to know if anyone has thought about this or is interested in funding this?
I think we should distinguish between contributing work vs contributing money. Contributing open source and governance work is a socially rewarding and career-furthering activity. Contributing money (eg. computing resources) is almost always a rip-off.
Open source contributions and community work are great things and advance humanity. BOINC [2] is also a great example how volunteering computing resources can further science. The issue with contributing computing resources is that it drains the donor's economic resources without granting a tax rebate, but the recipient can use the resources to generate money for them. Bitcoin, TOR [1] and Bittorrent are such examples where participants volunteer computing resources which others profiteer off.
Since, I think, we agree on the work contribution part, let's focus only on the money contributions to such a system.
You'd eliminate resource abuse with a system where participants:
- contribute _spare_ computing resources
- are rewarded with credits
- can redeem those credits for future computing resources or currency
This system could be run by a central governance body or on a decentralised block chain.
[1] https://blog.cloudflare.com/the-trouble-with-tor/ https://blog.cloudflare.com/the-trouble-with-tor/
[2] https://boinc.berkeley.edu/ https://boinc.berkeley.edu/
- asim 3y agoInteresting. Thanks for the ideas. I think my initial ideas were around that dating all the way back to 2016 but I was never able to get it off the ground. Let me share an idea with you to get some feedback. https://mu.xyz/network https://mu.xyz/network I'd really like to figure out how this would work in practice but having the idea is not the same as getting the buy in and executing on it.