Will there be a way for users to "mine" Stacks Tokens?


#1

Say I have an app that requires users to do proof-of-burn on their posts or entries (such as through a stacks app blockchain), but the casual user doesn’t know/doesn’t want to go through the entire process of acquiring bitcoin or the tokens through an exchange because of how difficult it is.

I know there are certain ways to mine bitcoin in the browser (such as coinhive), but will there be a way to do that for the Stacks Token? Or is there going to be another way for users to casually earn/work for tokens/fractions thereof?

Just trying to think of ways to help the casual user get access to these features.


#2

Yes, this is something we intend to support. Specifically relating to acquiring Stacks tokens, users can burn Bitcoin to produce Stacks as part of a “burn pool.” For example, if you mine a block and burn 1 BTC in the process, I can commit 0.00001 BTC to your burn and receive 0.001% of the block reward. The details are described in SIP 001.


#3

So in the future, casual users could “mine” bitcoin through browser-based proof of work, and then would “burn” this mined bitcoin to get stacks tokens? (though I suppose this could happen now if it could be streamlined through a (federated) service…)