Hey crypto folks, got a wild thought. What if we could use hashes with trailing ones by running them through a NOT gate? This could lead to a Negative Coin, adding a fresh twist to our ecosystem without needing extra energy. Just some tweaks on the miner's side... what do you think?
I see where you’re coming from, but creating an entirely new coin means a lot of adjustments. It might not really offer anything new or beneficial. Plus, would the community even rally behind this?
The goal here is to maximize value with existing energy use. I mean, those output values are just wasted potential. It’s like we’re overlooking a gem, right?
Not really convinced. It sounds good in theory, but the energy spent is all about finding valid hashes, not the output. This Negative Coin thing would clash with Bitcoin’s rules.
Haha, congrats! You might’ve invented merged mining. But the reality is, you can't have a block that's valid for both networks simultaneously. If they can’t overlap, why would miners even bother?
Exactly! The core of Negative Coin revolves around finding a hash post-NOT gate. Sure, it looks like a pattern, but we still need those bits to match the block header.
I’m a bit lost. Wouldn’t this create exclusive conditions? A single hash can't work for both chains, right? So, you’d need separate headers for each chain. Kinda defeats the purpose of merged mining.
Thanks for the clarity. So the idea is to hang onto those negative hashes we usually discard during mining. Maybe we could do something meaningful with them instead.
Yeah, I sent my last post before reading your update. Storing those hashes could definitely have benefits. But... doing it on Bitcoin's chain? That’s a whole protocol change, which seems unlikely.
True, but nothing stops you from keeping track of various hashes. Mining pools already accept lower difficulty shares, so why not experiment with other patterns?
Just a reminder: Bitcoin's system doesn’t work by counting trailing zeroes like the white paper suggests. It’s about making sure the hash is below the target. Your Negative Coin would need a different setup.
Honestly, even if this Negative Coin could exist, how would it function? Every transaction would require its own blocks and a different proof of work. It’s just a fork waiting to happen.
We often discuss quantum threats to blockchain but rarely touch on quantum miners. If we keep those negative hashes, an attacker would need serious power to match difficulty both ways. That could offer some defense.