Proof Of Time (improved)
Oct 15, 2023
Rethinking the previous conception I came to folowing conclusions:
1)The price must include uniqueness of token (distance to nearest tokens)
2)The price must include age of token (distance from token to current moment).
— — — — — — — [LT] — — — — [T] — — — — — — — — [RT] — — — — NOW()
T — token
LT — nearest left token
RT — nearest right
token_dist (token distance): distance from token to NOW() moment.
min_dist (minimum distance): distance to nearest token (LT or RT).
progression_level: level of Arithmetic progression.
time_price: price of one second of time.
price: final price of token.
progression = min_dist
progression_level = 1
while (progression < token_dist) {
progression_level++
progression += min_dist * progression_level
}
price = time_price * token_dist / progression_level