Proof of Merit: Difference between revisions
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Equivalent of Proof of Work for value generated, but now in terms of merit gained and therefore power or authority gained. This is a mechanism for verifying responsibility. | Equivalent of Proof of Work (in the crypto world) for value generated, but now in terms of merit gained and therefore power or authority gained. This is a mechanism for verifying responsibility. | ||
=Execution= | =Execution= | ||
Transparently documented on a ledger, with participants under verifiable, proven, private identity. | Transparently documented on a ledger, with participants under verifiable, proven, private identity. | ||
Latest revision as of 22:00, 21 April 2022
Equivalent of Proof of Work (in the crypto world) for value generated, but now in terms of merit gained and therefore power or authority gained. This is a mechanism for verifying responsibility.
Execution
Transparently documented on a ledger, with participants under verifiable, proven, private identity.