Hello @ivan, @filip, Team of The Academy and rest of community.
I have an idea for a new open source (if it can be POS or DPOS ) protocol and a Dapp based on time.
In order to figure out if my idea is valid I have few (silly) questions about validators.
Can someone using his PC be a validator without having any amount of the coin staked but the algorithm picks him/her anyway to validate or in order to validate it is mandatory for him/her to have a specyfic (or not) amount of coin staked? Can we create an algorithm that picks anyone who wants to contribute with minimum computing power (Pc- no mining rigs etc) to validate transactions when needed?
Can these validators, if (1) can work, use computing power in order to mint new coins when needed (as a reward etc)?
Few words about me…
I am Nick and I am not a developer, but I am educating myself on coding and understanding the blockchain space since 2017. Have my own business in since 2013 and I have been working since I was 15 years old at our family restaurant. From the very start of my business (an innovative coffehouse combining the music industry) I have been building a Project that will solve many problems in many professions but I was trying to built in on top of third-party payment companies like Paypal until 2017 when I was informed about the blockchain solution. Part of the Project was two all-day festivals, interviews, articles, reviews etc.
Finally I have to note that I am not here for the quick money, the fame and the fuzz but only for building a decentralized system that will solve problems, contribute to the crypto-space and last through the years.
Thank you all for your time and your help. Looking forward to have news from you.
P.S Sorry for the long intro…