Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

MEME Preminer #2

Open
CryptoForks opened this issue Nov 24, 2017 · 2 comments
Open

MEME Preminer #2

CryptoForks opened this issue Nov 24, 2017 · 2 comments

Comments

@CryptoForks
Copy link
Member

Simple Summary

Toward the idea of continuing to create types of Value in relation to the Preminer, I propose a MEME Preminer that will issue MEME tokens that can then be used to send Memes.

Abstract

A Meme Preminer is needed to mine MEME Tokens. (Though MEME tokens also need to be created).

Motivation

I think having many Preminers will continue to create value to the Preminer system. This can serve as a proof of concept by making the first automated / programmed Preminer (the current ones are manually executed).

Specification

There are a number of separate programs and functions that would need to be completed.

  1. MEME token -- perhaps this can be forked from Preminer?
  2. Automated MEME Preminer -- For every 10 PRE that are sent in, the MEME Preminer will send back 1 MEME token.
  3. Meme contract. Meme token holder sends 1 Meme to the Meme address. As an attachment the Meme token will indicate the Eth address (or email?) where the Meme should be sent. Upon receipt of the MEME, the Meme machine sends a random meme from the meme repository (see below) to the specified address. Collected MEME will then be sent back to the MEME Preminer for cont'd use.
  4. Repository of Memes will be preloaded with various public Memes. Thereafter, community can submit Memes to the Meme Repository. This will help keep the Meme Repository relevant to current topics. For every Meme submitted, the sender will receive 1 PRE (from the Meme Preminer).

Rationale

This will provide another Proof of Concept for the Preminer --and hopefully will be fun.

Comments appreciated.

@CryptoForks
Copy link
Member Author

I think incorporating a form of a mining algorithm in this would be good and I am interested in input on how to implement this. My intent had been to have PRE be the Preminer and to have the process of creating novel memes that are sent to the Meme Repository be the equivalent of POW.

I think the ratios of tokens needs work ofc.

@CryptoForks
Copy link
Member Author

So to be clear there would be a MEME Preminer and also MEME mining via Meme submission.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Projects
None yet
Development

No branches or pull requests

1 participant