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Last Byte Bar | Marc The Shark | ErgoHack 9
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3rd place in ErgoHack 9!
The blockchain ecosystem has witnessed a proliferation of token distribution methods, many of which fail to create sustainable economic models or prevent manipulative trading practices. The Mining Rights Protocol (MRP) introduces a paradigm shift by implementing a sophisticated rights-based mining system on the Ergo blockchain that fundamentally alters how tokens are distributed and valued. Unlike traditional "fair launch" tokens or meme coins that often suffer from immediate dump scenarios after launch, MRP creates an intrinsic value mechanism tied to actual mining activity and rights ownership.
PROTOTYPE Repos:
#ergohack
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#ergo #Platform #blockchain #Layer1 #crypto #smartcontracts #pow #cryptocurrency #ergo2top10 #5.0 #proofofwork #Minable #mining #merge #LowCapGem #Bitcoin #UTXO #eUTXO #BPSAA #Gem #NFT #Oracle #ErgoDEX #OraclePools #PoWtothePeople #AMA #DanFriedman #AlexChepurnoy #kushti #smartercontracts
The blockchain ecosystem has witnessed a proliferation of token distribution methods, many of which fail to create sustainable economic models or prevent manipulative trading practices. The Mining Rights Protocol (MRP) introduces a paradigm shift by implementing a sophisticated rights-based mining system on the Ergo blockchain that fundamentally alters how tokens are distributed and valued. Unlike traditional "fair launch" tokens or meme coins that often suffer from immediate dump scenarios after launch, MRP creates an intrinsic value mechanism tied to actual mining activity and rights ownership.
PROTOTYPE Repos:
#ergohack
--------------------------------------
#ergo #Platform #blockchain #Layer1 #crypto #smartcontracts #pow #cryptocurrency #ergo2top10 #5.0 #proofofwork #Minable #mining #merge #LowCapGem #Bitcoin #UTXO #eUTXO #BPSAA #Gem #NFT #Oracle #ErgoDEX #OraclePools #PoWtothePeople #AMA #DanFriedman #AlexChepurnoy #kushti #smartercontracts
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