MITOSYS: New Encrypted Communications Cryptocurrency
1 message, 14 Nov 2013. Started by Zumbi Warrior.
Zumbi Warrior
Hi guys,
Due to a good suggestion of my friend ripper234 (Ron Gross) I'm doing this short but sweet.
A new concept is in the making. And the project is moving forward.
WHO:
I'm a Bitcoin enthusiast who has been following developments in the shadows for quite a time. Zumbí was a brave Afro-brazilian slave who became a warrior. He trained other fellow slaves to fight and escape opression by living in free colonies. Hence, my nom-de-guerre. But I am rather peaceful and believe free people and free markets are what unleashes human creativity and progress.
WHAT:
MITOSYS: A new cryptocurrency that is mined through a proof of work which is the capability of relaying encrypted transmissions over the established internet, or through informal parallel peer-to-peer networks.
HOW:
You help other people transmit encrypted data, you earn credit. Data will be temporarily stored in a dynamic blockchain that prunes itself to keep the size down, and account balances will be stored in a separate distributed archive called the account tree. Mobiles will be fundamental and the main target of this distributed network.
WHY:
- - To get rid of government spying and its armed forces, the oligopolic telecom carriers, ISPs and big data companies that provide them with all our information. - - To bring affordable and secure communication to the masses. - - To give people a store of wealth derived of a basic human need which is to communicate freely and universally. - - To provide a deeper meaning to mining, which will be not only acquiring the right to store financial information that cannot be destroyed, but also acquiring the right of having ones information securely delivered in time.
WHERE:
Development will take place in bitcointalk.org and github, plus distributed encrypted backup copies of all work. Maybe even copy information in Bitcoin's blockchain. Main markets are USA, Brazil, Russia, India and China.
WHEN: Right now!
I'm recruiting a peaceful army of skilled, resourceful, practical idealists who can carry this forward together.
For more information see: https://bitcointalk.org/index.php?topic=327186
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