RE: Some thoughts regarding a Proof of Research Blockchain by core developer TheCharlatan by jringo
Viewing a response to: @jringo/some-thoughts-regarding-a-proof-of-research-blockchain-by-core-developer-thecharlatan
gridcoin·@hotbit·
0.000 HBDCurrently network is fairly secure and incentivizes research well - there is no need to push PoR if security would be compromised, but research for the solution might be continued. ad) 1 and 4: **Concerns.** Currently ~6720 blocks are produced per week, what means **only** a maximum of ~6720 stakers can stake in average once a week (assuming equal stakes). Including pool members, already we have around ~6720 researchers.(*) As we know there are no obvious limits in crypto sphere. Let's assume user base explodes (maybe a great BOINC discovery, maybe sudden CNN / BBC / etc coverage) and we have **one million** researchers. The only solutions to pay rewards daily is either pool membership or manual / automatic reward payments. Also, just the number of reward payments will **clog up** the blockchain. While researching and testing solutions, we should ask: - Will the blockchain accommodate one million active accounts / researchers? - Will the blockchain process ten million transactions per day? (*) Although currently I believe around ~3000 are staking, as pool members are not staking individually. Nevertheless, we already scratch the limits here.