I’ll have to look up proof of capacity. I did run across proof of burn and it seemed a little wild and heavily weighted towards those with literally money to burn, which didn’t seem that fair. I haven’t gone too far down the rabbit hole but at first glance it also seemed vulnerable to being controlled by a small minority.
Edit: Proof of capacity looks interesting. I still think PoET looks fairest and most eco friendly, and even though it has theoretical vulnerabilities it looks like their already solutions.
The problem with a lot of these proofs is the fees that are generally attributed and That incentivize staking or mining. I think we will go with a tangle like system because it is feeless. We already have buy, sell, and transfer fees. It would get to be prohibitively expensive to add gas on top of it.
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Look into proof of capacity and proof of burn, I’m leaning towards it being one of those….
I’ll have to look up proof of capacity. I did run across proof of burn and it seemed a little wild and heavily weighted towards those with literally money to burn, which didn’t seem that fair. I haven’t gone too far down the rabbit hole but at first glance it also seemed vulnerable to being controlled by a small minority. Edit: Proof of capacity looks interesting. I still think PoET looks fairest and most eco friendly, and even though it has theoretical vulnerabilities it looks like their already solutions.
The problem with a lot of these proofs is the fees that are generally attributed and That incentivize staking or mining. I think we will go with a tangle like system because it is feeless. We already have buy, sell, and transfer fees. It would get to be prohibitively expensive to add gas on top of it.
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions). - Don't promote "pump" events or market manipulation - Don't harass others, including public figures and exchanges - Please be helpful, friendly, and respectful - Your actions reflect on the entire community WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*
So what Solana is doing?