Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lampix Token Launch - Bringing Blockchain Image Mining to A/R Systems
by
Phil_Lampix
on 19/01/2018, 15:41:15 UTC
the images are decentralized on a public blockchain, and since you intend on charging pix to access the data sets, how do you intend to stop people from forking/pirating it?

Should the above question even concern the lampix company since the dataset blockchain would be owned by the pix holders? How does lampix benefit from pix having a high valuation?

Working 316,800 seconds a month for 2 months in order to pay for a $500 device is the equivalent of working for $2.84 an hour, which you state is 4x more profitable than voting. The thought that someone could find a new quality object to image every 10 seconds is not very realistic. Hence, the value of pix will increase rapidly to working image miners. Why has the future value of pix not been addresssed?

The actual image datasets are not stored on the blockchain due to size limitations, rather it will be a hash address for the image and the images will be in a separate cloud storage.

Can you expand on what you mean by "Hence, the value of pix will increase rapidly to working image miners."?

At the beginning as we build the ecosystem there will be an incredible need for mining images to build up the datasets.  You can view this as a marketplace as well.  Companies that need specific image datasets for computer vision and other projects may also have the capability of putting up bounties (Increased rewards) for the specific image datasets they need.

So as there is demand on the buyer side (people needing specific images) the demand must be met on the seller (uploader side).