Proposal Details

We want to build a cryptocurrency that uses a novel technology - blocks are mined using Internet bandwidth instead of through performing computations (which waste tons of electricity and need specialised hardware). What's more, using our tech people will be able to create blockchains that work only for miners inside a specific geography, for example, in a particular country. This means equal chances (prices of bandwidth and hardware) for everyone - and decentralisation. Every such network would be interoperable with the other ones, even if there would be millions of them! Quick facts: -patent-pending tech that took 3 years to develop and is ready to be implemented -2 founders -looking for seed funding