How do you plan on making detection for if somebody is really using a calculator and not some custom pc software?

We could do this for s**ts and giggles, but it's not going to work as an actual currency, as someone could just run the mining algorithm on their CPU and outpower all the calculators.

It sounds like an interesting project, but I don't fully understand the purpose of this currency. How would you earn some of this currency? And on what can you spend it?

Or someone could overclock his calculator with radium

Quote from: Sorunome on January 07, 2014, 02:53:27 pm

How do you plan on making detection for if somebody is really using a calculator and not some custom pc software?

Quote from: fb39ca4 on January 07, 2014, 09:00:10 pm

We could do this for s**ts and giggles, but it's not going to work as an actual currency, as someone could just run the mining algorithm on their CPU and outpower all the calculators.

I don't think anyone has been able to comunicate with a calculator while said calculator is running an assembly program.

Quote from: ben_g on January 07, 2014, 02:54:43 pm

It sounds like an interesting project, but I don't fully understand the purpose of this currency. How would you earn some of this currency? And on what can you spend it?

This is just a nice little proof of concept. If I get working well enough, then I might make it a huge project. As of now, you can only buy a higher difficulty  .

Quote from: DJ Omnimaga on January 07, 2014, 09:23:02 pm

Or someone could overclock his calculator with radium

And then I'll overclock mine with plutonium  .

On the subject of progress, I have made the entire program already, and now have to implement increasing difficulty.

• A finite, pre-calculated number of Bitcoins (and similar Coins) will be produced. The hope for this was to neutralize inflation. The issues here are not relevant to this post, so I won't delve into that.
• The Bitcoin system keeps a copy of every transaction in its history on every device. Coins can be verified and errors can be corrected. This requires a central station for picking up and sending packets of information.
• Bitcoins have a very specific, mathematically designed process for each aspect of mining and transferring. The "difficulty level" of obtaining coins is adjusted by changing parameters of an equation. Unlike a game of skill, the problem is designed such that the elegant approaches to the problem still require brute force. This "problem" increases in difficulty by making the signatures more and more secure.