Anyone working on Sign to Mine technology? I am just learning about it from a whitepaper and think it's worth debating the concept.
Sign to Mine (S2M) is a mining algorithm that requires the miner who solves a block to be able also to spend the reward for that block. Under this system, a pool with many anonymous miners would not be feasible because all miners in the pool would be able to accept rewards according to their shares when others solve a block, but then abscond with the whole block reward when they are the one to solve a block. Thus, a certain level of trust should be established before allowing a miner into ones pool.
I wondering how this could be used in intranets and other private mining scenarios where you want a greater equal distribution among nodes.