Post
Topic
Board Altcoin Discussion
Re: New Proof of Space, Proof of Capacity coin?
by
GreenBits
on 30/06/2017, 09:13:21 UTC
never heard about Spacemint ? sounds interesting
but, can you show me the site link or maybe the announcement thread about this

All they have is an old white paper https://www.google.ca/url?sa=t&source=web&rct=j&url=https://eprint.iacr.org/2015/528.pdf&ved=0ahUKEwiAmI3M_-TUAhXr34MKHcYTAgsQFggdMAA&usg=AFQjCNEdEifO-7u1PMuynVLOpjjagB5XbA

LOL, I had to go look this up myself. I shit a brick when when I heard proof of space, I assumed you guys meant physical space, I see now you are talking about memory capacity. There were a few old alts that had physical metrics in the mining (Solarcoin for example), I thought this was that Wink for anyone else who is clueless about Proof of Space:

Quote from: Reddit
ELI-5: Instead of Proof of Work (CPU calculations) or Proof of Stake (coins possession), the paper introduces Proof Of Space (HDD space owned).

What consequences or advantages it gives - need to read the paper.

Although I like PoS better - enough wasting planet's resources.
.

This would actually be fun to mine Smiley