Microsoft is interested in developing a new Cryptocurrency based on PoW Mining Algorithm, while Microsoft can procure and deploy expensive and high power mining server rigs. Microsoft takes a Left, it will now use Human Body activity ( Sensors ) to create hash power and mine Cryptocurrency. You can refer to the Microsoft New Patent Details released by Microsoft called a “Cryptocurrency system using body activity data.”
This New Idea is Cool but Questionable to some factors
As we Follow the Patent, the use of Circuits and Servers slashed completely and human body activity. This clearly doesn’t mean that any exercise or running is involved. The Patent is proposed to work on mental senses or nerve signals may be.
This method will have its external benefits like power-saving, automation, control environmental damages, and others.
Patent States “ a brain wave or body heat emitted from the user when the user performs the task provided by an information or service provider, such as viewing an advertisement or using certain internet services, can be used in the mining process.”
How will this work?
The Patent states that Certain tasks will be assigned which could be connected to a wearable device that monitors the computation of these activities. Tasks like Watching ads or some online activity.
“ Body activity data may be generated based on the sensed body activity of the user. A cryptocurrency system communicatively coupled to the device of the user may verify whether or not the body activity data satisfies one or more conditions set by the cryptocurrency system, and award cryptocurrency to the user whose body activity data is verified “
This announcement has created a buzz in the market that raised questions of its Volatility, Speed, and Accuracy but Microsoft has nothing more than this Patent yet. There are no picks about its Ledger system to blockchain or an own ledger frame. People are waiting for things to come into existence and see how this Interesting idea works.