Post
Topic
Board Announcements (Altcoins)
Re: The Cypherfunks[FUNK]: crowdfunding global band! Talking v2. Join! 80+ songs.
by
soundposition
on 30/06/2014, 11:16:37 UTC
First of all I really like where this discussion is going! It's like a Jekyll Island style meeting for musicians.  Cool

Are you all familiar with NXT coin? It's a 100% PoS coin, with the third highest market capitalization and climbing. It's a good example of how PoS works well. They don't have a coin-age limit so spending is somewhat discouraged, but the demand goes through the roof with a good PoS.. BTW, That's proof of stake - not piece of ...  or proof of steak Cheesy

Back to seriousness...

However, trying to tie in content production & consumption (of a specific format as well: music) into the blockchain tech is not easy. In fact, if you solve this, it could be huuuge. I've had ideas like: how can you prove you've tipped music? how can you prove you've listened to a song? how can you prove you've made music? etc. All difficult problems.

How to prove you've made music? Trusted Timestamp:
https://www.btproof.com/

I'm pretty sure any digital information can be put on a blockchain. Perhaps this is where something like Etherium is useful?
https://www.ethereum.org/

As for a new name for the band, how about Cryptotunes? Since Tunes can be any style, and people could mine Tunes - literally!

Keep it coming!