Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
The Mangocoinz set the algos for you and measures the your activities for you.
The word "Algo" is mostly but not limited to the meaning: "to solve a problem by computer".
The "recurrent problem" is to have your physical activity registered as significant and be reward MCZ based on total amount of significant movement for a certain period of time.
They have to eliminate those activities which could not be reliably confirmed to be purely (and specifically) generated from human physical activities and not emulated by a computer program or a shaking machine; otherwise, it won't be fair.
They can only implement "Algos" of high specificity for you to generate a coin. It is not a just a "method"; it is a requirement of certain physical measurements and amounts for you to accomplish just like your computer is required to hash with certain algo(s) to be rewarded with other cryptos- Certainly your physical activity is not "hashing" and your computer is not primarily exerting shaking power either.
You are not really mining MCZ and you computer is not really mining either.
Therefore, Mangocoinz could not be a program that measures and records all activities objectively, as a lot of people have demanded. It wants to assign only certain algos-the human physical activities of very high specificity for your to run to be rewarded. Other fake activities can still create but not much MCZ. This makes MCZ as fair as possible. ( A 60-Hz Ac vibrator can only create about 0.01 MCZ per minute and you can do better by holding smartphone in hand and shaking only 1-2 times per second. How well you can incorporate your physical activity or sports into making Mangocoins is presently up to you. )
Again, the above are what I presently understand and believe about Mangocoinz and the problems it has been dealing with.
The word "Algo" is mostly but not limited to the meaning: "to solve a problem by computer".
Quote
an algorithm usually means a small procedure that solves a recurrent problem. http://whatis.techtarget.com/definition/algorithm
The "recurrent problem" is to have your physical activity registered as significant and be reward MCZ based on total amount of significant movement for a certain period of time.
They have to eliminate those activities which could not be reliably confirmed to be purely (and specifically) generated from human physical activities and not emulated by a computer program or a shaking machine; otherwise, it won't be fair.
They can only implement "Algos" of high specificity for you to generate a coin. It is not a just a "method"; it is a requirement of certain physical measurements and amounts for you to accomplish just like your computer is required to hash with certain algo(s) to be rewarded with other cryptos- Certainly your physical activity is not "hashing" and your computer is not primarily exerting shaking power either.
You are not really mining MCZ and you computer is not really mining either.
Therefore, Mangocoinz could not be a program that measures and records all activities objectively, as a lot of people have demanded. It wants to assign only certain algos-the human physical activities of very high specificity for your to run to be rewarded. Other fake activities can still create but not much MCZ. This makes MCZ as fair as possible. ( A 60-Hz Ac vibrator can only create about 0.01 MCZ per minute and you can do better by holding smartphone in hand and shaking only 1-2 times per second. How well you can incorporate your physical activity or sports into making Mangocoins is presently up to you. )
Again, the above are what I presently understand and believe about Mangocoinz and the problems it has been dealing with.