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Topic
Board Announcements (Altcoins)
Re: [ANN][GAP] Gapcoin - Prime Gap Search - New Math Algo - CPU / GPU - Zero Premine
by
SinbadGuthrie
on 31/08/2020, 23:54:10 UTC
....Of course, something needs to be changed. Everyone is waiting for real innovation and new technologies.

One more point about ai and coins too.

In some developed mining areas you will see a bumper sticker ‘If it isn’t grown it has to be mined’.

This refers to the fact that there are two basic kinds of primary commodities. Things that are grown like fruits, vegetables etc, or their derivatives, and things that are mined like gold, oil etc, or their derivatives.

A third primary commodity is intelligence, including data. It isn’t ‘monetized’ in such a predatory way as other primary commodities, but the digital rights millennium act and others are trying to push that colonial trick on the world.

Coins that produce this commodity, data, like gapcoin, are obviously one of the first steps in networks that efficiently produce much more of similar commodities.

You can argue up and down about ‘coins that do smart contracts etc’ vs coins that produce data or intelligence.

In the long run it takes a few people working part time to produce all the smart contract etc coins anybody will need. The rest is just cashing in. But for whatever reason the coin economy is top heavy with these very trivial minimally productive coins. There simply isn’t some major developmental step ahead of these coins that requires a lot of people. Ten million people developing smart contract or ‘financial inclusion’ or glow in the dark widget coins isn’t going to make a difference.

On the other hand, coins that produce a commodity, e.g. data or intelligence, produce a quantity that is a direct function of the number of users.

Gapcoin finds more prime gaps when 100 computers are working than when only one is.

Gapcoin does not require any human input, it uses a fixed algorithm whose productivity is determined by its network power. It’s commodity or ‘product’ is not ‘the science of math’ or even ‘the science of primes’. It’s just a list of data, prime gaps.

If you wanted to develop a more complicated commodity or ‘data’ or ‘intelligence’, you would use an algorithm that is refined constantly, or refocused. In other words you would have human input into the algorithm.

Gapcoin isn’t a super great coin. It has a poor emission curve, but it is one of the first productive algorithm coins.

It could be re released again and again to improve its flaws. For example the simple gap finding algorithm could be dynamic, being modified based on whatever factors some prime number experts could figure out. In that case it would have an algorithm that updates ‘occasionally’.

If you wanted to make it even sharper, there is probably a way for less tech type miners to monitor ‘something’ about the productivity and select parameters. For example if prime gaps were mapped a certain way a miner could choose a number region to mine. Maybe a person calculates them region between 123,456,789 and 345,678,912 should be richer than it is’ so they hunt there.

Gapcoin is very simple, it’s looking for a very narrow product within a very specific field, but if a coin were looking for more general ‘scientific steps’ there would be much more opportunity for user input in setting parameters I.e. human mining, or individual input in mining.

12 years into the current digital currency rage, most coins are shit. It’s sort of like how cars today get about the same gas mileage as cars from 100 years ago.

Somebody who has some scientific interests and tech skills should fix that.