Using Buttbongs for huffing Ether

Stefan Claas spam.trap.mailing.lists at gmail.com
Fri Oct 8 13:32:42 PDT 2021


On Fri, Oct 8, 2021 at 10:10 PM Stefan Claas
<spam.trap.mailing.lists at gmail.com> wrote:

> A while ago, when the horrible Pi crypto currency project started,
> which used a local 'fountain'
> on a smartphone to 'mine', with one push of a button per day, I
> thought while not do something
> similar with a fountain on an offline computer and once you have some
> coins 'mined' you simply
> transfer the amount you like, as a file, securely to an online device
> and with that purchase then
> some online goods. If there would be a clever way worked out this
> would have IMHO the advantage
> that nobody knows how many funds I have in my offline wallet and the
> blockchain would only
> record the transactions. I think with the huge amount of different
> hashes, keys etc. a 256bit value,
> or greater can bear, there would most likely no collisions happen when
> many people
> create their tokens offline.
>
> P.S. The fountain in Pi did not require that you must play some games
> etc. at some intervals
> per day, it only required you to push a button once per day.

The Pi project was or is still based on Stellar.

Regarding Stellar crypto currency, keybase.io used long ago also Stellar
and users there which had a wallet received monthly IIRC around
20-30 USD in Stellar, which I later exchanged to Euro. The project had
an amount, I think it was 100 Million USD, which they give away for
free in a certain time frame to it's users and it was quickly abused with
thousands of new sign-ups at keybase.io ...

Regards
Stefan


More information about the cypherpunks mailing list