Quote from: justusranvier on November 15, 2014, 06:21:55 PM

Quote from: Odalv on November 15, 2014, 05:09:37 PM

Quote from: cypherdoc on November 15, 2014, 04:55:59 PM

You and brg444 have made that abundantly clear.

JR's scenario:

- how about we replace all money with sidechains! -> fantasy world
- Every restaurant in the world will create their own sidechain currency which they can mine via proof of cooking. -> alt-coin

It has nothing to do with SC.

Yes, I was being sarcastic.

You brought up this idea of using "proof of protein folding" in some kind of convoluted SC scheme,and I was trying to illustrate why, instead inventing new blockchains, it might just be easier and more efficient to just pay people for what you want them to do directly.

You know, just like every other product and service in the economy,

Also, the last bit was a quote from here:

http://nakamotoinstitute.org/mempool/appcoins-are-snake-oil/

I did try to show you simple example:
1. send X BTC into address what uses OP_SIDECHAINPROOFVERIFY (bitcoin network can verify, how many pfBTC you can withdraw)
2. create pfSC => miner will get some reward in pfBTC if he mines (empty) block by "protein folding" (replace with bots building cars)

=>
3. SCIP can by used to create proof that work has been done. (car was built)
4. OP_SIDECHAINPROOFVERIFY can be used to verify that bitcoins can be unlocked.

It looks like sci-fi, but I think it is possible.