the bitcoin white paper says: "if the majority were based on one-IP-address-one-vote, it could be subverted by anyone
able to allocate many IPs".
Is it possible to create a cryptocurrency in which IP addresses are "staked"?.
If a node acts maliciously its ip address is blacklisted.
So anyone with internet access can act as a validator.
It's probably possible but what's the point? Why does the world need such a crypto? ISPs are running short of IPv4 addresses for quite some time already. Creating crypto like that would lead to further shortage and even disruptions on the networks. Also, how to treat dynamic/pool IPs? Many caveats and little reason imho.