Quote from: simondlr on May 04, 2014, 09:43:56 AM

@mckmuze

Very, very fascinating ideas. One of the more difficult parts is to actually with cryptographic verifiability use the music to interact with the blockchain. It's no mean feat. But you give some interesting ideas.

If you could make for example, an independently verifiable queue of the Cypherfunks songs (randomised playing), you could then do things like matching block payouts to music. ie, each block, automatically pays out part of the mining reward to a song on the network. Something like that.

I like your ideas! Keep it coming! Keep it coming!

My thinking is this, average people dont care about Asic miners, crypto currency, blockchains, etc, etc. They just want something like spotify, that plays a radio selection of music. the asic box would just be a cool gizmo that streams music and also pays them small amounts to listen to music. The music doesn't really have to be verifiable with the blockchain in any way other than a means of sending payments out. The app/wallet would have a payment feature built into the "like" button. you click "like" to build your playlists and preferences and the like button sends a payment to the currently streamed artist. An artist would need a profile created on an identity based blockchain like namecoin's onename. This would ensure you have private keys to your artist profile and payments. The artist profile could also be used as a promotional tool for the individuals. as far as the streaming is concerned, a commercially available box would need to be developed with a balance of Funk provided at purchase. This would give the listener streaming credits and the upvotes/ "likes" could be pulled from a pooled account that generates as more consumers come online.

So as far as the multipool payouts are concerned, it wouldnt be any different than the donation percentages most pools already offer, but instead of two payout (one to pool, one to miner) you would have a 25% payout to crowd fund/ mining pool, 50% listener/miner, and 25% to currently streamed artist. I'm not a developer so I'm not aware of how dificult this would be to do, but, imagine in all the musicians on the network had the asic, the listeners had the asic, and your phone tablet or computer was no different than a spotify style app, but tied to your hardware. Paying for the service would be simply buying the asic. I feel like I'm off base here because I'm not a developer, but I know I'm on to something, its just a bit fuzzy at the moment. I have a feeling as the security issues and the decentralized app development environments get started my ideas will be a bit more feasible. If crypto really explodes in value I would personally fund this and wont stop til my vision is a reality. I see this as something I would use the crap out of and I'm sure a lot of others would as well even if they didnt care about decentralized currency.

I'm puting myself in the shoes of the average person, not the average crypto speculator or a person who understands crypto currency. The average person wont really care until they finally realize the intrinsic value behind Funk style currencies. The barrier of entry is really high for people trying to understand cryptocurrency, so mass produced streaming devices cleverly disguised as hardware based media boxes with speakers, IO ports, NFC/bluetooth docking option would allow users to use it without even thinking about new currency, though after using it for a while they will be introduced to the amazing world that is decentralized finance.

Someone please let me know where I'm off and try to explain to me the largest barriers to making this happen. I am aware this system would create a whole new job for a pool operator, but hey technology is killing jobs, lets create some new ones. lol