Post
Topic
Board Altcoin Discussion
Re: 'Maecoe' - a virtual currency concept (by any other name would be as sweet)
by
remotemass
on 27/03/2023, 02:05:34 UTC
"Professor Kevin presents a concept for a virtual currency called "Maecoe," which differs from other virtual currencies in its approach to proof-of-work. In addition to making the currency network more secure, Maecoe would produce interesting computing results. The miners would have to find a mathematical formula for a chosen string of bits that is more computationally expensive than all previous ones that were mined. This formula would indicate the starting and ending points of an interval of decimals in an irrational numbering expression, along with the combinatorial shuffles, invertings, and shiftings necessary to transform the original string of bits into that formula. The bigger the chosen string of bits, the more expensive the mined formula would get. Two types of data would exist: compressed 'maecoe' data and uncompressed 'maecoe' data, which would be processed and interpreted to become regular data. The concept could be the inspiration to compress the total data of the blockchain, making mining more complex and sophisticated, with the miners using their own logic and artificial intelligence to find the most valuable reduction of a pattern of bits to a tiny mathematical formula." - #ChatGPT