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RE: GPU Mining is Back?! .:. Late Night Blogging

Yes, their POS is interesting because it is not passive but encourages competition. So, as a token, it has some utility—anyone with a GPU for mining can purchase it and gain more options.
Now, how would that work on Hive?

  • Maybe tie it to HBD, which is a stable coin?
  • Maybe, in fact, it would probably have to be in layer 2?
  • Maybe it could be useful as some other utility? Rent something else: CPU, software, bandwidth, what do I know?
  • Maybe the same principle, but a new token?
    I'll look into it, but not too much detail, since you've done the research :)
    In any case, this requires at least an optical connection to the network, which I unfortunately do not have :(
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Check some of these links:
https://nosana.com/token/
https://github.com/nosana-ci/network-proposals/blob/main/nnp/NNP-0001-tokenomics.md

Especially the second one... It's a good explanation that covers most of your questions/ideas... ;)

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I don't know, well, I didn't see anything in those links that would allow you to deploy it elsewhere and link it to some other stable coin. But I only skimmed through it quickly.

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