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    Proposal: Bounty Contract

    Creator
    Nicola G
    Created
    Feb 9, 2022 12:34 PM
    Stage
    Still Valid

    Problem

    We want to make a bounty to store an IPFS CID/PieceCID (see Perpetual Storage proposal)

    Solutions

    Here are three solutions that we looked into, but they do not work because miners' reward is not efficient.

    Basic proposal

    • Miners make deals on Filecoin
    • First one wins the bounty

    Geometric distribution proposal

    • Miners make deals on filecoin
    • Bounties are distributed in a geometric way

    Lottery ticket

    • Miners make deals
    • The faster you do it the more the chance to win the price for having done so

    Claim and Stake Proposal

    Claim and stake proposal

    • Miners claim to store and stake
    • They must prove before a timeline that they completed the work

    CryptoNet is a Protocol Labs initiative.