madgenius

5 ms·

1. 1.▲
   by madgenius 13y ago

   Please explain how Bitcoin is a distributed autonomous corporation that pays people to leak/publish information and then generates income via demand for advertisements
2. 2.▲
   by madgenius 13y ago

   because of how proof of storage is performed by a distributed network of computers. proof of storage by a decentralized network is really almost identical to proof of work. the stored data keeps getting encrypted to generate a random strin
3. 3.▲
   by madgenius 13y ago

   wrong. data witness?? what is good about that? Someone may want to submit content and generate an income off of the ad revenue from that content. Why should Google collect ad revenue for videos on youtube created by individuals? The pers
4. 4.▲
   by madgenius 13y ago

   this is likely under development and will be built on top of the original DTC block chain. See "personal chains" on the DTC website. It's hush hush right now because early adopters want the price to stay low so they can buy
5. 5.▲
   by madgenius 13y ago

   botnets. The ad revenue of the information hosted by datacoin could be linked to demand for advertising. Then, if datacoin mining is outlawed, it will become more profitable the way drug dealing is more profitable because it is illegal.
6. 6.▲
   by madgenius 13y ago

   intellectual property system. if you want to keep track of who submitted the content anonymously, a block chain is good for that. imagine a corporation that starts paying employees of other corporations with datacoins to publish their emplo