Re: [SDC] ShadowCash | POSV3 | Untraceable E-Cash | NIZKP | HD+BIP32 | ShadowMarket*
TorCoin. You proof of work is throughput on the network, a little for a bridge or middle node and a lot for an exit. Your Tor service is also a wallet and either the sender or the receiver has to spend to transmit data, and the spend is distributed among the nodes that handle it.
Somebody needs to invent something like this! Maybe they could start with a cryptocurrency with zero-knowledge proofs, and then add distributed public key messaging, then other features after that.
Somebody needs to invent something like this! Maybe they could start with a cryptocurrency with zero-knowledge proofs, and then add distributed public key messaging, then other features after that.
That's actually a freaking clever idea.
The list of tor nodes is known so whenever a user would make a successful connection to a website it can start broadcast a acknowledgement of service which would be secured by a CPU PoW algo and the node is rewarded.
Another good starting point for the consensus algo would be the "DDoS coin" example.
https://news.bitcoin.com/proof-ddos-malicious-consensus/
Well of course it's a clever idea- it's yours! Because I'm really talking about Shadow, but with some features added to make it run like a tor service and connect machines through the Shadow network. The part where it's monetized is already there.
Soon every node will automatically be a Tor node
I have been following the posts in the NAV thread with regards to their use of parts of the SDC code base.
I've implemented optional addnode=.onion daemon connectivity for Navcoin and would likely easily be able to add some nodes on the same and/or new servers for SDC.
Does SDC have any existing / dedicated Tor nodes already ? Would the community / devs. consider any bounties to assist with server set-up / help with running costs etc.,
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The concept of 'Tor Incentive' mechanisms is not new ;
- https://blog.torproject.org/blog/tor-incentives-research-roundup-goldstar-par-braids-lira-tears-and-torcoin
N.B. that the 'TorCoin' of this forum is not the one mentioned in any of the research papers.
Here is Roger D. (lead Tor dev.) on the subject of 'Tor Incentive' mechanisms at HAR (Hacking at Random) 2009 ;
- https://youtu.be/WJD1hDKDqlo?t=4m56s
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Using the Tor network as an optional transport mechanism is one thing, whilst integrating the Tor software into existing software is perhaps something else entirely.
- https://www.torproject.org/docs/trademark-faq.html.en