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RE: 6 crypo ICO to watch for in 2018
Exactly. Instead of hashing power, the system would rely on "social power". So if we are in the network and your karma is 6 and mine is 4, you'd get 60% of the block reward when a new block is mined. And no expensive mining equipment or electricity costs.
It can be a great idea @codemojo ! But did you think how to make the various social media use and implement this technology? I think there must be some kind of facilitation to make sure that technology is adopted, otherwise it would be a lot of work for nothing
Yeah I did a proof of concept for yours.org website:
http://operation-dragonslayer.com/misc/yours
Here you can see the network and their rank. So a user would simply put his coin address on their profile page description, and that would be enough to start receiving coins on that address. But this is just a theory for now.