Quote from: BlackHatCoiner on October 28, 2022, 01:36:57 PM

Quote from: kernel1983 on October 28, 2022, 01:25:03 PM

If the "enemies" are using the PoW computation, they would have nothing to complain.

I'm not sure I make sense from this. What do you mean "to complain"?

If the "enemies" complain the energy cost due to PoW, they will have no reason to complain EcoPoW as the computation is comsumed for both the chain security and the user data safe.
Otherwise, we must shutdown all the data centers for energy-saving.

Quote from: BlackHatCoiner on October 28, 2022, 01:36:57 PM

Quote from: kernel1983 on October 28, 2022, 01:25:03 PM

For decentralization, you definely want a PoW with no mining pool.

Mining pools are necessary for low-capital miners to have a steadier income. What's needed is to discourage centralized pools' malicious reorgs further.

True, but there are new revenue source for the miners by selling their storage and computation.

Quote from: Zilon on October 28, 2022, 06:27:21 PM

Who pays for the computation and storage resources been sold by the miners?

The users who want to storage their data in a blockchain storage network.

Quote from: Zilon on October 28, 2022, 06:27:21 PM

Is the coin been exchanged or is it serving as a new UXTO using the usual p2p system in a new address, then secondly if miners no longer sell the computation won't it take even longer for confirmation so as to verify the legitimacy of the coin.

The "exchange" I used here, is to give the computation to the mining pool and get coin reward in return.
If miners are not connecting to mining pool, all they are solo mining. It still protect the PoW network and new blocks are generated.

Quote from: Zilon on October 28, 2022, 06:27:21 PM

Sorry to ask is the computer sleeping as a central storage network, will there be no contribution from other miners to keep the the network running

We assume lots of encoding tasks are given to different PCs all over the world.
While those PCs finished the tasks are into the saving mode, the others are still working.
In this era we generate data every moment. The more data into the blockchain storage, the safer the blockchain is.

Quote from: casinotester0001 on October 28, 2022, 07:19:39 PM

Some smart miners will create 'fake' demand

If the users pay, the tasks are not fake.
Especially when the coin's value or price is low, then the user payment for the storage become the main revenue.
Unlike the coin reward in the solo mining, you dont need to be very lucky to get incoming.

Quote from: ETFbitcoin on Today at 08:37:37 AM

Current PoW mining (where miner connect to pool) only require small bandwidth. If they're expected to store data which could be retrieved anytime, some miner will need to upgrade their internet plan either because low FUP or they subscribe to cheapest plan.

Compare to 2008, we have better bandwidth at home.
For the user storage request, it requires to be proved (PoRep) within 24 hours or 1 week, depending on the system design.
There will be enough time for a prover to download the data.

Quote from: n0nce on October 28, 2022, 09:02:13 PM

I'd also argue that adding any such large change to Bitcoin has the potential to create so much more harm than good, e.g. through bugs and security problems, that it is completely unviable to do. And I also heavily doubt that the people who believe coins should be created out of thin air (unlike literally any other good or product), will be happy / silenced with such a compromise solution, anyway.

Again, I said I'm not selling this to Bitcoin. Yes, the change is huge and it is not proven.
We can see this idea as an upgrade of PoW. I'd rather build a new blockchain storage project to see how things going on.
This give me the flexible to change anything, which is not limited in a framework.