What's Your Favorite Non Hive or Steem Crypto Project?

in #hive5 months ago

I'm looking for something that no one has ever heard of before that you've been following and actually enjoy throwing a little money at it.

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Something like Primecoin who was using the hashing power to discover new prime numbers so the energy for mining was actually being used for something, but I don't know if finding new prime numbers is really that valuable.

JSE coin was another platform I was following but just got an email a week or so ago saying that they were closing down the project and it was going to be no more.

Unibright was another project I wanted to start looking in to, but now it's a top 100 coin. Not saying it's too late to start looking more into and investigating, but I was hoping to do the research and snag it up before it made it into the top 100 for Coinmarketcap.

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Something like Primecoin who was using the hashing power to discover new prime numbers so the energy for mining was actually being used for something, but I don't know if finding new prime numbers is really that valuable.

The thing with PoW is that the calculations may not produce anything of monetary value. Proof-of-Work is essentially Proof-of-Sunk-Cost because the idea is that a block producers are kept honest by the fear of never getting their sunk cost back plus profit.

Is the idea of creating something of value then dead in the water in PoW? No, it isn't, but only if there is no market for what is being produced. As far as I know, there is no market for prime numbers, although there could be because there exist applications that need large prime numbers and their creators face the choice of generating them themselves or buying them.

Yeah there was some reason they were wanting large prime numbers that drove the project, but I don't remember exactly what it was.

PoW would be great for producing public goods for which there is no market but that are still valuable.

Bitcoin - it's the only thing I use other than Hive.

Yeah Bitcoin and Eth for me with a little BAT thrown in from Brave rewards

Good point on BAT. I guess I use it by default but it's only use case will be more Hive or BTC as a token.