It sounds strange, as most tend to see us Moons as a meme, or longshot gamble.
But I've been reading about the specific nature of Proof-of-Work, and I find it difficult not to interpret Moons as a new undiscovered alterative for it. Yeah its obviously a token on a blockchain, and thus has no blocks to mine, and so obviously is not a typical PoW.
You have to have an open-mind on the interpretations, and be willing to 'bend' the concepts of some previous definitions. Maybe I'm talking s...t, but hear me out...
Concepts pulled from Investopedia.
| Proof of Work Concept | Moons interpretation |
|---|---|
| Proof of work (PoW) is a decentralized consensus mechanism that requires members of a network to expend effort solving an arbitrary mathematical puzzle to prevent anybody from gaming the system. | The CC sub has a massive membership. We could say that pretty much at any point, we have a thousand validators online. Finding the right type of comment or post that 'blows up' with enormous upvotes is the equivalent of solving the puzzle. You are rewarded for making an outstanding comment or post. A post can not be upvoted, and thus receive moons, unless a consensus in the sub is reached that allows the post/comment to rise. |
| Proof of work is used widely in cryptocurrency mining, for validating transactions and mining new tokens. | Validators (members) decide what is a good/bad comment and contribute as part of a consensus top determine a post/comment that should be rewarded with upvotes, and by extension, Moons. Members can also mine new tokens by moon farming or posting and commenting regularly. |
| Due to proof of work, Bitcoin and other cryptocurrency transactions can be processed peer-to-peer in a secure manner without the need for a trusted third party. | Moons can be gifted direct from peer- to-peer. You can transfer via Reddit, or along the blockchain. No other party is needed. |
| Proof of work at scale requires huge amounts of energy, which only increases as more miners join the network. | As more members join the sub, it becomes harder and harder to find that key post/comment that blows up. More energy is required to mine Moons. The distribution of moons is adjusted based on miner activity. As more miners (members) join and contribute, the distribution value falls. |
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