Cellula: Virtual Mining Innovation Web3 Asset Distribution Model

From Virtual Mining to Fair Asset Distribution: Analyzing Cellula's Innovative Design

Since 2017, the threshold for asset issuance in the Web3 space has significantly decreased. However, traditional ID0 and IC0 models have exposed many fairness issues, and people have been seeking a more fair and reliable asset issuance protocol. The Cellula project offers a new perspective to address this issue by implementing an asset distribution layer that simulates POW, utilizing virtual proof of work (vPOW) to "mine" the asset distribution process, thereby simulating a more equitable asset allocation paradigm similar to Bitcoin.

Interpretation of Cellula: A Gameified Asset Issuance Protocol Paying Tribute to POW Mining

The core of Cellula lies in replacing the traditional POW hash calculation with a computation method that yields unpredictable results - Conway's Game of Life. In Cellula, players need to allocate computing power to a virtual digital entity called "BitLife". Simply put, it's like breeding cell clusters in a petri dish; over time, the more surviving cells in a player's dish, the higher the corresponding mining power, thus increasing the likelihood of earning mining rewards.

Interpretation of Cellula: A Gamified Asset Issuance Protocol Paying Tribute to POW Mining

Conway's Game of Life is a two-dimensional grid game where each cell has two states: alive and dead, evolving continuously according to specific rules. Cellula divides the "petri dish" into 9*9=81 squares, with each cell in a square having alive/dead states. Players need to choose an initial pattern for the petri dish, which is equivalent to randomly selecting an initial state for their petri dish. With possible initial states reaching up to 2^81, this offers participants a vast selection space.

Interpretation of Cellula: A Gamified Asset Issuance Protocol in Tribute to POW Mining

The cell state of BitLife changes with the increase in block height. Cellula allocates computing power based on the state of BitLife at different block heights. At a given block height, the more surviving cells there are in BitLife, the higher the computing power it possesses, which is equivalent to creating a virtual mining machine. The player's goal is to construct or purchase the BitLife that is most likely to receive mining rewards.

Interpretation of Cellula: A Gamified Asset Issuance Protocol Paying Tribute to POW Mining

Cellula also introduces a charging mechanism and a lottery function, as well as a variable rate progressive Dutch auction ( VRGDAs ) pricing algorithm to balance the game ecosystem and prevent scientists from infinitely minting BitLife.

Interpreting Cellula: A Gamified Asset Issuance Protocol Honoring POW Mining

From the perspective of player competition, Cellula simulates the operation of the Bitcoin mining machine market but lowers the threshold for mining machine research and development. A dynamic balance is formed between scientists, MEV players, and ordinary participants, with no single party able to fully control the market.

Interpretation of Cellula: A Gamified Asset Issuance Protocol Paying Tribute to POW Mining

Overall, Cellula provides a fairer and more transparent paradigm for Web3 asset issuance through innovative gamified design, which can be called "a social experiment paying tribute to Bitcoin Mining."

Interpretation of Cellula: A Gamified Asset Issuance Protocol Paying Tribute to POW Mining

CELA-1.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
LoneValidatorvip
· 07-22 15:49
It's just another炒概念.
View OriginalReply0
LayerZeroHerovip
· 07-21 00:03
The architecture is really fine, this treasure is well preserved.
View OriginalReply0
LayerZeroEnjoyervip
· 07-19 16:19
This is still reliable for fair distribution using old BTC~
View OriginalReply0
CryptoWageSlavevip
· 07-19 16:12
Playing simulated Mining again, won't you Be Played for Suckers?
View OriginalReply0
NFTRegrettervip
· 07-19 16:09
Here comes the hype for a new concept again. Who believes it?
View OriginalReply0
LiquidationSurvivorvip
· 07-19 16:02
This vPOW is doing something new again.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)