I have a weird idea for blockchain tech A coin that can only be mined by a certain zipcode, CPU mineable only, a hashrate cap per miner, no pools, with an unique ID per individual to ensure only one miner per person. I have no idea if any of this feasible Im not a developer.
If any of this were possible this could give communities with lower income a great entry into blockchain tech. Some kind of coin a whole community could mine, improve, and eventually trade on the international market.
My idea is to have like a south side Chicago coin.
Just how absolutely wrong am I?
this coin would be not secured very well, and there was an idea like that with an altcoin, called mineral, they made so that you can only one with one miner per person but in the end it did not work correctly
I've seen similar things where they verify via cell phone, people just spammed the free temp numbers and dumped the wallets.