Some of you are likely familiar with Bitcoin and it’s procedures for tracking transactions and generating wealth by doing so.
Unfortunately a lot of that power is wasted just solving the hashes.
There’s a new coin called Gridcoin that is tied to BOINC and the World Community Grid that is working on making it so that those doing mining are contributing to research efforts, and not just solving hashes.
This new coin variant opens up a promising future for altcoins. Imagine if we had a Blender coin where the miners were part of a pool that acts as a giant renderfarm, using individual frames as confirmation of transactions rather than just hashes alone. The more you contribute to the render pool, the more coins you earn. Which you can then spend within the pool for rendering power from the other users, or sell to those who want access to a worldwide farm of thousands of users.
If BOINC can be tied to the Gridcoin wallet, then the above scenario is entirely possible. All we’d need is a couple of coders who know their stuff.