Wednesday, May 27, 2020

How to Have Bitcoin? Microsoft Introduces New Crypto Mining Process That Depends on Your Actions

Are you interested in having your own set of Bitcoins? During these financial breakdowns, having a backup bitcoin seemed to be a great idea. Interestingly, tech giant Microsoft has recently patented a new bitcoin mining process that may boost your interest in having cryptos. 

Bitcoin Mining process that depends on your movement

Normally, bitcoin mining takes a lot of time, effort, money, and electricity from each miner. However, starting today, this might be a little different. According to an article in BTCManager, one of the leading tech company Microsoft has patented a new bitcoin mining system that depends on human bodily movements.

“A server may provide a task to a device of a user that is communicatively coupled to the server. A sensor communicatively coupled to or comprised in the device of the user may sense body activity of the user,” as explained on the patent document. “A cryptocurrency system integrated into the device of the user may verify whether or not the body activity data meets one or more conditions set by the cryptosystem and award cryptocurrency to the user whose body activity data is verified.”

This means that if you want to have a bitcoin or mine one, you need to perform certain tasks. Once the system gathers each of your movements through a database, you will be rewarded with the amount it equivalents to cryptocurrencies. 

“The conditions may be set by simulating human body activity across all of the body activities that can constitute hashes. Machine learning algorithms may be used to simulate body activities and set the conditions for valid body activities, for example, but not limited to, using generative adversarial networks,” Microsoft added. 

With this, Microsoft’s new system aims to reduce the computational energy consumed during mining, which makes a faster result. 

You can’t cheat on Microsoft

For those people thinking that you can cheat on Microsoft’s new patented system, here’s bad news– you can’t do it. 

As said in the document, the bodily movements will be the proof-of-work (PoW) in the bitcoin mining process. A stringent verification system will be applied to each mining process in order to protect the system from scammers.

“The target range of valid body activity may be set using statistical data so that normal body activity, an activity that can easily happen or faking body activity, cannot be validated,” as explained. “For example, the target range of valid body activity may be selected from a range that human miners cannot fake their own body activity to satisfy the target range to prove and validate the proof-of-work.”

This system is not yet available as of now, but it looks good to see where Microsoft is heading here. 


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