There is the first Proof-of-Person Blockchain. No money for stake or equipment needed, just an average laptop.
You can easily join mining of the first human-centric cryptocurrency at idena.io and share your opinion.
Are you part of the team? seeing your username ends with idena. what makes it better for proof-of-person than the current pow and pos? please share more details and your own experience about your proof-of-person blockchain.
Yes, I contribute to the project.
Why not pow and pos? They both are based on capital. Larger players enjoy economy of scale and adopt anti-competitive practices. Smaller players vanish.
Is there any alternative basis that is not as concentrated as capital? It seems that human personhood is the most evenly distributed and scarce resource on Earth.
I have read this new proof of person on
https://idena.io/, to put it simply we need to do a puzzle or captcha if we want to work as a node.
every single node is equivalent to one person, but this is tedious work for human to keep solving the puzzle. I do not think this new consensus will work out, this is not effective and efficient.
The validations will be less often as the network grows. Will validating once in 3 month be too much work?