Create a Digital Currency, Dave Stotts (S)
The team will define and implement several aspects of a digital currency (like the now imfamous and fairly well knows BitCoin). Aspects include:
The project will involve a good deal of research into how these sorts of activities are done in BitCoin and implementing new approaches as the team wishes. The goal is to build a digital currency with mining more amenable to single users with a single machine.
“To create a digital currency that is secure, easily used, and that can be created (mined) on computationally low-resource machines (“everyday” machines such as a laptop).”