Introduction
GrahamBell introduces a global solution to descale and control Proof of Work (PoW) computational power without any centralised control. This solution enables the network to set and restrict mining speeds to CPU thresholds for all independent participants equally and fairly. It pioneers the integration of both open-source and closed-source telecommunications with blockchain consensus, ensuring that PoW blocks are only mined during audio/video calls or when alone in a call room. The primary focus is to address core blockchain and telecom problems, integrate both technologies, and introduce groundbreaking innovations to begin the next chapter in both fields.
Introduction
GrahamBell introduces a global solution to descale and control Proof of Work (PoW) computational power without any centralised control. This solution enables the network to set and restrict mining speeds to CPU thresholds for all independent participants equally and fairly. It pioneers the integration of both open-source and closed-source telecommunications with blockchain consensus, ensuring that PoW blocks are only mined during audio/video calls or when alone in a call room. The primary focus is to address core blockchain and telecom problems, integrate both technologies, and introduce groundbreaking innovations to begin the next chapter in both fields.
Blockchain Problems Targeted
Mining Pool Dominance
Energy Inefficiency
Environmental Damage
Lack of Mass Adoption
Unaffordability
Lack of Security
Unfairness
Inequality
Excess Computational Power
Significant Storage Requirements
Scalability
Centralisation
Telecom Problems Targeted
Lack of Security
Centralisation
No Interoperable Calls
Closed-source development
Blockchain Problems Targeted
Mining Pool Dominance
Energy Inefficiency
Environmental Damage
Lack of Mass Adoption
Unaffordability
Lack of Security
Unfairness
Inequality
Excess Computational Power
Significant Storage Requirements
Scalability
Centralisation
Telecom Problems Targeted
Lack of Security
Centralisation
No Interoperable Calls
Closed-source development
Proof of Witness and Witness Chains – Mine with Everyday Hardware!
Introducing Proof of Witness (PoWit) and Witness Chains (WCs)-two groundbreaking technologies designed to operate in parallel with the traditional Proof of Work (PoW) consensus algorithm. These innovations address the key challenge of excessive computational power used in mining and offer a more efficient, affordable, and environmentally friendly solution, promoting mass adoption, which in turn would greatly assist in increasing scalability. This is achieved through consensus for computational power (hash rate/mining speed).
What they do:
Regulated Mining Speed: PoWit and WCs allow us to restrict the mining speed, setting thresholds as low as one hash per second, minute, or even hour per hardware within the network. This ensures the mining process remains energy-efficient and fair, without overwhelming the network with unnecessary computational power.
Sustainable and Decentralised: By limiting mining speeds and reducing power consumption, we make blockchain technology more affordable, secure, and green. Our platform eliminates the development for large centralised mining pools, promoting a truly decentralised, eco-friendly and mass adopted network.
Let’s build the future with GrahamBell
The day will come when the man at the telephone will be able to see the distant person to whom he is speaking ~ Alexander Graham Bell
Let’s build the future with GrahamBell
The day will come when the man at the telephone will be able to see the distant person to whom he is speaking ~ Alexander Graham Bell