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Ask HN: Can hashes be replaced with optimization problems in blockchain?

3 pointsby pacavacaover 7 years ago

3 comments

westurnerover 7 years ago
CureCoin.<p>From <a href="https:&#x2F;&#x2F;curecoin.net&#x2F;knowledge-base&#x2F;about-curecoin&#x2F;what-is-curecoin&#x2F;" rel="nofollow">https:&#x2F;&#x2F;curecoin.net&#x2F;knowledge-base&#x2F;about-curecoin&#x2F;what-is-c...</a> :<p>&gt; Curecoin allows owners of both ASIC and GPU&#x2F;CPU hardware to earn. Curecoin puts ASICs to work at what they are good at–securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them–protein folding. While still having a secure blockchain, it supports, and thus is supported by, scientific research.<p>...<p>From &quot;CureCoin Reaches #1 Ranking on Folding@home&quot; <a href="https:&#x2F;&#x2F;www.newswire.com&#x2F;news&#x2F;bio-research-loves-curecoin-gamers-and-speculators-to-overtake-1-team-19890448" rel="nofollow">https:&#x2F;&#x2F;www.newswire.com&#x2F;news&#x2F;bio-research-loves-curecoin-ga...</a> :<p>&gt; As of the afternoon of August 29, 2017 (Eastern Time), the Curecoin Team 224497 earned the world&#x27;s #1 rank on Stanford&#x27;s Folding@home - a protein folding simulation Distributed Computing Network (DCN). In a little over 3 years, the team (including our merge-folding partners at Foldingcoin) collectively produced 160 billion points worth of molecular computations to support research in the areas of cancer, Alzheimer&#x27;s, Huntington&#x27;s, Parkinson&#x27;s, Infectious Disease as well as helping scientists uncover new molecular dynamics through groundbreaking computational techniques.
westurnerover 7 years ago
From <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=15843795" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=15843795</a> :<p>&gt; Gridcoin (Berkeley 2013) is built on Proof-of-Stake and Proof-of-Research. Gridcoin is used as payment for computing resources contributed to BOINC.<p>&gt; I doubt that volatility would be welcome on the Gridcoin blockchain: Wikipedia lists &quot;6.5% Inflation. 1.5% Interest + 5% Research Payments APR&quot; under the Supply Growth infobox attribute.<p>&gt; <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Gridcoin" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Gridcoin</a>
pacavacaover 7 years ago
Can we build such a blockchain, where instead of spending energy on calculating useless crypto hashes, miners actually solve parts of some gigantic distributed optimization problem? Let’s say fitting a NN to extract high-level concepts from all the internet data (and conquer the world).
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