What do you think of proof of capacity?
Proof of capacity is interesting and I think there’s a couple of interesting different approaches to this. Burst coin gave some things that are disk intensive, so that for example you have proof storage I guess you might call it.
There are various forms and proof of resource that use difference tangible resources. With memory footprint you can create a consensus algorithm that in order to validate and to prove, you have to produce randomly selected data elements from an enormous data corpus, which may be terabytes in size.
The only way to have that is either to store that enormous corpus, or to buy the specific data elements from someone who does store that data corpus.
You could do things with bandwidth and other resources perhaps. I’m interested in seeing all of those.
Most of those are hybrid proof-of-work systems. In many cases these algorithms are hybrid algorithms, and we’re going to see a lot more come out.