Proof of Physical Work consensus
Updated
A new concept of Proof of Physical Work consensus
Proof of Physical Work protocol encapsulates real-world use cases.
The blockchain protocol rewards users for performing verifiable physical work like deploying a 5G hotspot etc.
As examples of similar projects
Wireless Network:
Hellium
Pollen mobile
Provide token rewards to participants (hotspot operators) to provide network coverage for IoT and 5G.
Mobility
Hivemapper
Dimo
This is a decentralized map built by participants using dashcams, while DIMO Network users can earn rewards for connecting a hardware device to their car and contributing that data to the network
Environmental:
PlanetWatch -is striving to build a global air quality monitoring network to identify pollution hotspots and the community members can earn rewards for their efforts.)
Weather
Compute & Storage
Filecoin
arweave
livepeer
RNDR
Filecoin boasts of a decentralized storage network. It provides a powerful source of low-cost distributed cloud storage, where contributors provide storage space on their machines and get rewarded in return. Arweave is similar to Filecoin in decentralized storage functionality, except that the former is focused on the problem of long-term data storage.
I think that a full-fledged category of this Proof of Physical work will appear soon, this is what is really needed for Web3.0, this is a real connection with the physical world. And the IoT (Internet of things) will move into this category - Proof of Physical work
Proof of Physical Work protocol encapsulates real-world use cases.
The blockchain protocol rewards users for performing verifiable physical work like deploying a 5G hotspot etc.
As examples of similar projects
Wireless Network:
Hellium
Pollen mobile
Provide token rewards to participants (hotspot operators) to provide network coverage for IoT and 5G.
Mobility
Hivemapper
Dimo
This is a decentralized map built by participants using dashcams, while DIMO Network users can earn rewards for connecting a hardware device to their car and contributing that data to the network
Environmental:
PlanetWatch -is striving to build a global air quality monitoring network to identify pollution hotspots and the community members can earn rewards for their efforts.)
Weather
Compute & Storage
Filecoin
arweave
livepeer
RNDR
Filecoin boasts of a decentralized storage network. It provides a powerful source of low-cost distributed cloud storage, where contributors provide storage space on their machines and get rewarded in return. Arweave is similar to Filecoin in decentralized storage functionality, except that the former is focused on the problem of long-term data storage.
I think that a full-fledged category of this Proof of Physical work will appear soon, this is what is really needed for Web3.0, this is a real connection with the physical world. And the IoT (Internet of things) will move into this category - Proof of Physical work
Note
I do not recommend buying tokens from this article, everything I buy you can see in my public portfolio, link belowNote
Note
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