We all have the power to change the world, especially with technology, if you don't know how technology works that's your fault and nothings stopping you from learning. Look how easily I can change the world with technology
How about we invent a new cryptocurrency, one that can gain value from wallet to wallet transactions, let me ask chatgpt (technology)...
Creating a cryptocurrency that gains value through wallet-to-wallet transactions could be an interesting concept. Let's call it "TransactCoin" for now. Here's a basic outline of how it could work:
Transaction-based Mining: Instead of traditional mining where new coins are generated through computational puzzles, TransactCoin could generate new coins based on the number and volume of transactions happening on its network. Each transaction could contribute to the creation of new TransactCoins, which are then distributed to participants in the network.
Proof of Transaction (PoT): Instead of Proof of Work (PoW) or Proof of Stake (PoS), TransactCoin could use a consensus mechanism called Proof of Transaction (PoT). This means the more transactions a user makes, the more they contribute to the security and operation of the network, and the more they are rewarded with newly created coins.
Value Proposition: The value of TransactCoin would be tied directly to its usage and adoption. As more people use it for transactions, its value would increase, incentivizing even more transactions and fostering a positive feedback loop.
Scalability and Efficiency: To ensure scalability and efficiency, TransactCoin's network would need to be designed to handle a high volume of transactions quickly and securely, possibly utilizing technologies like sharding or layer 2 solutions.
Privacy and Security: Privacy and security would be crucial aspects of TransactCoin, ensuring that transactions are both private and secure. This could involve implementing advanced encryption techniques and possibly integrating privacy-focused features such as zero-knowledge proofs.
Community Governance: To maintain decentralization and community involvement, TransactCoin could be governed by its users through a decentralized autonomous organization (DAO). This would allow stakeholders to propose and vote on changes to the protocol, ensuring that the network evolves in a way that benefits its users.
Overall, TransactCoin aims to create a cryptocurrency that incentivizes and rewards transactions, ultimately driving its value through increased adoption and usage.
Now you can ask it create a basic code, or better yet use openai (coding ai) to create a code for it.
Bam, just like that you can change the world with technology, all you need is a good idea and the skills to execute it. Really all this boils down to what skills you have, and that's been true since the dawn of time nothings really changed.