"Proof of Content" the recent innovation of mining

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Avatar for Cc.Yang
2 years ago

Mining crypto has a series of complex mining algorithm such "PoW or Proof of Work and PoS or Proof of Stake". However the struggles to improve mining without consuming too much electricity is far from realty because the old version of this algorithm cannot be change in one night. As you çan observe $BTC and $ETH until now still using both this old technology and didn't change into something environmentally friendly.

However, I have known one such social media website that innovate this Pow and Pos into "PoC or Proof of Content." People do not need to mine crypto instead by making their own created content and share it to the platform we can farm crypto. The main token that using now is $Dog or Dogecoin Cash. It has the fixed supply, 128,275,738,389 $Dog so as the time goes on the value of this coin will increase significantly.

How to set up Dogecoin Cash in Trust Wallet and where are you going to farm Dogecoin Cash?

First download Trust Wallet in play store install, open it and save your Seed Phrase in a secure file or write it down on a piece of paper then hide it. In the future, if you lose your phone you can easily recover your Trust Wallet account using those Seed Phrases.

How to open $Dog - Dogecoin Cash Token in Trust Wallet easy steps.

  1. In the upper right, the last corner of the Trust Wallet navigate the search bar scroll down, and click the added token.

  2. Next, select the right network that works perfectly for Dogecoin Cash which is the Binance Smart Chain. Dogecoin Cash enters the age of #DeFi so it can be put at stake through the BEP-20 or ERC-20 network but the first one works flawlessly because of its lowest gas fee of $0.5 at least.

  3. Now you need the Dogecoin Cash contract address so copy this ( 0x9596a56c73ca6f50cbd05cb8d85865f75659dc78 ) then paste in box.

  4. The next box enters the name Dogecoin Cash.

  5. In the symbol enter Dog.

  6. Lastly, the dec. should be 18.

Save it, now you are ready to earn Dogecoin Cash. 👏

See the Dogecoin Cash price here in the Dapp : https://charts.bogged.finance/?token=0x9596a56c73CA6f50CBd05cB8D85865F75659dC78

Where are you going to farm Dogecoin Cash?

Now that you have the $Dog - Dogecoin Cash Address you are ready to farm or earn this token by making your idea or content. Yes! because $Dog was made environmentally friendly so you do not need to mine $Dog using thousands of electricity like what Bitcoin did in its "PoW algorithm" but instead by just making your content "PoC or Proof of Content". This means that you are going to enter into a working website which is the WWW.TIPESTRY.COM who gives us the tip in a form of tokens such as Dogecoin Cash.

Like the other social media, in Tipestry you share, post, or comment anywhere you like, there is some restriction of course like spamming that isn't allowed. However, the main focus of Tipestry is the collection of links, that's it, a link sharing project. That means what your content is made of such as videos on YouTube, blogging, photography, or crypto referrals, and advertising that you upload can be shared in Tipestry.

In the new update of Tipestry, you can verify your Youtube Channel. By doing that in the future you can directly monetize your content using Tipestry.

Now I end here, if you have some questions just drop them in the comment box and I will answer it later. Thank you for reading my first blog.

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2 years ago

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great article

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