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RE: Coders please comment & advise! My Vision to build and sustain ecovillages using the Steemit Codebase!?

in #steem7 years ago

You can have 'mining' based on any action, like building a new house or asset within the project.

Technically, in this case, it isn't really mining, steem for example is a proof-of-stake, where 'mining' is just controlled inflation, appearing based on staked decisions.

In your case, a 'proof-of-building' algorithm could be developed, which doesn't seem very hard (ie if building, increase money supply by 85% building value, or something simple like that, or something less simple too).

That said, I think I am leaning towards @likedeeler's suggestion in terms of currency.

I have thought a lot about this idea, more so the social institutions inside such a utopian society. This is a conversation that is worth having, and I would be honored to continue talking about it! These are the dreams by which the future is made!

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thanks for your input.. that really helps! Good to know mining and is done like this.. i wasnt even sure how it worked for Steem! SO that sounds potentially perfect with mining reflecting the actual value of properties..

likedeelers suggestion is one I thought about, but i dont think it would fit the vision here.. since SMT's involve a hard fork of the existing blockchain, whereas in this case we dont really want or need existing users to be involved in the ecoVillage..