Mining on smart contracts

Karl gmkarl at gmail.com
Sat Jun 5 00:21:44 PDT 2021


On Sat, Jun 5, 2021, 1:35 AM <JohnWilliamJohnson at secmail.pro> wrote:

> > On Thu, Jun 3, 2021, 11:46 PM <JohnWilliamJohnson at secmail.pro> wrote:
>
> > How does this differ from in-chain tokens like erc-20?
> > https://ethereum.org/en/developers/docs/standards/tokens/erc-20/
> >
> > ERC-20 tokens are pretty popular and have a big exchange economy already.
> >
> >>
> > Yes, of course, it can be implemented on the ERC-20 tokens (I mean such
> altcoins). But it is necessary to take into account the moment the
> accrual of the mining awards, as it will be necessary to pay the
> commission. For example, the output to the overall blockchain can be
> done deferred and possible when accumulating a certain amount (this is
> one of the solutions). This solution can be implemented and using
> smartphones. It is strange that it is still not realized. Does the
> business do not have the concept of the general structure of the digital
> economy or have attempted?
>

Do you mean sidechains or tokens that have their own mining rewards or
their own economic algorithm, or do you mean opportunities to mine one
chain using a smart contract on another?

You can see all sorts of developments and opportunities at
https://gitcoin.co/ .

>
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