▲ | kindkang2024 4 days ago | |||||||||||||||||||||||||||||||||||||
> I have created nanotimestamps which basically allow you to embed a lot of data into blockchain itself with basically 0 gas fees. How is this possible? Is it something that EVM-based chains can support? Curious to hear more. > Regarding zk human proves, there are some zkmail Zkmail doesn’t prove that you’re a unique human. Worldcoin does, but it requires trusting a single company with everyone’s iris data, which is quite dangerous, and completely undermines the goal of building a decentralized, trustless system. The future I hope for is one where our own devices handle this entirely. Imagine a VR headset or future phone using its iris scanner, combined with our social data, to generate a single, secure cryptographic proof. This proof would verify our uniqueness in the world without ever leaking iris data or any other sensitive information. | ||||||||||||||||||||||||||||||||||||||
▲ | Imustaskforhelp 4 days ago | parent [-] | |||||||||||||||||||||||||||||||||||||
Its really complicated but I will try to sum it up. Basically nano cryptocurrency has no gas fees so if you can get even 10^-30 nano, you can technically do unlimited transactions forever (there is some caveat) You can get such nano from faucets and then you have basically an eternal source of doing transactions. What are transactions? Transactions are a way of sending money from A public key to B public key Now what if we actually take some data and parse it into chunks and then we can create a lot of addresses using some vanity generator whose seed we can know Then we got all the seeds of the vanity addresses whose lets say top 4 letters of the first address can form a word... now we do the transactions and then we take a transaction id and in the end we send money to original account by that transaction id or that special account we can actually see a loop of sorts and thus tada! we get some data that we can actually store in blockchain itself.. for 0 fees!! Now what was my use case! sounds really silly but I wanted to use worldoftext and I wanted to prove that I am the first person to write some text.. Now so what I did was take a unique hash of text and then embed it into blockchain.., and since blockchain has some time, we have essentially timestamped some text and we can also prove that we are the owner of the account that created that text... Oh yeah, I have also created my own cryptocurrency which actually used algorand's vrf function with it to create a sort of way for randomness to be integrated in it too/ in sense create a cryptocurrency too with this usecase lol Side note: in order to improve the efficiency you could lose the 10^-30 nano to send to a completely different account which we don't control and since most faucets give like 10^-10 nano ish and like honestly, that is a more practical approach How is nano still alive? because for each transaction the person doing the transaction has to do some work function, I recommend the 2nd latter approach but I like both approaches. I have some bun code which can automate this whole thing too and Its all on github and uh my practical approach is with me T-T, I think I legit accidentally deleted it but uh yea I built it using claude and its kinda Ai slop but it works :/ Someone gifted me the domain name for my work and some dollars too, Y'know.. I personally feel like the thing that I did was really innovative and I am the most proud of it but I personally feel like the decentralization aspect would never make me earn a single cent out of it and that's okay to me but I don't have too much money and I wish someday that I could work on such things without thinking about money :/ Fun fact: nano cryptocurrency creator actually said on reddit that such behaviour is unintended and that's exactly what I like doing.. Doing unintended things to do something useful. I also created a whole youtube video and some other which I might share privately https://www.youtube.com/watch?v=8hHG8gOkZBE I will update my HN to show some contact info I guess too | ||||||||||||||||||||||||||||||||||||||
|