CryptoCurrency : Nano community member developing a distributed “mining” service to pay people to do PoW for third-parties (e.g. exchanges, light wallet services, etc)
TL;DR
Nano uses Proof of Work (PoW) to prevent spam instead of fees. Since PoW can be precomputed, it’s not a big deal for peer-to-peer transactions, but it is a huge bottleneck for services that need to send a massive amount of transactions (e.g. exchanges).
To solve this, /u/jayycox is developing a service that allows anyone to contribute their spare CPU/GPU cycles to pre-compute PoW and get paid for it.
https://np.reddit.com/r/nanocurrency/comments/94lx28/distributed_nano_pow_subscription_system/
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Author: Qwahzi
Score: 19
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