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    Author Topic: alternative proof of work  (Read 814 times)
    jeremy.rutman2 (OP)
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    February 02, 2014, 11:31:36 PM
     #1

    I have been trying to come up with an alternative proof of work allowing arbitrary calculations to be performed instead of hashing.

    I blv I have a way to combine blockchain protection with e.g. folding (or any other difficult operation)
    In case of proteins, based on a large library of proteins to be folded, in case of any other calculation a (large) library of such calculations.

    The idea employs a blockchain just as btc except that the hash of
    (transactions in the current block+hash of previous block)
    is used to choose a problem from the library.  The lowest energy solution (for proteins, or best/only solution for other problems) is sought.
    Whoever comes up with lowest local minimum within 10-minute block time gets block reward.

    (solution + transactions + hash of previous block)
    are hashed together for the next block a-la bitcoin.  Faking a block is now similarly difficult.
    A bit more detail here http://telavivmakers.org/index.php/Protein_coin - including way to allow users to design algorithms yet prevent best coder/folder from gaining control.



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