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  • Writer's pictureTraveler Jo

The Power of Wealth Distribution

The Noether Protocol

“Many Latino kids should become scientists because we need scientists all over the world from all different backgrounds. We have many tough problems, and we need everybody’s help to solve the problems.” Mario J Molina (won the Nobel Prize for his work in atmospheric chemistry)

We do not live in an equitable world. Unfortunately a simple matter of geography can limit the resources available to scientists of all ages. Imagine the discoveries that haven't happened, the potential that was never realized as a result of lack of education and funding. Cardano has the ability to circumvent bottlenecks and provide scientists the opportunity to search for the truth without worrying as much about funding. How, you ask? As a matter of fact there is a Catalyst proposal called the Noether Protocol that addresses this specific problem. You can read their work in its entirety here:

Many of us have computers that hum along all day, using only about 20% of CPU capacity. We don’t need it, never use it and in fact it's wasted. At the same time the scientific communities in Latin America are desperate for this resource which is precious and pricey indeed in their part of the world. Prior to cryptocurrency, there really wasn't a way to transfer unused capacity from one part of the world to another. Cardano provides that opportunity.

This catalyst proposal actually encourages people with idle PC time to donate it by rewarding them with a Noether token. This processing power is then distributed free of charge to the LATAM scientific community using a rigorous algorithm to ensure everything is distributed fairly. The project aims to use BOINC, which is reliable and proven software, and adapt it to work with the Cardano ecosystem.

This project is committed to the highest level of transparency. The team is known and credentialed. They have committed to making everything in this project public and open source. This, in our humble opinion, is what Cardano was created for- solving real world problems. These scientists realized that underfunding was a chronic problem in their community. They looked around at their options and realized that Cardano, with its peer reviewed, cautious approach, could help them create funding for their community using existing resources. As this is open source, it can actually help countless other projects that are in search of a way to equitably allocate funds between countries. We ask you to consider this project because it has great technicals and because it speaks to our hearts.

By Traveler Jo |

You can find Traveler Jo somewhere close to the sea. She loves Cardano, kayaking and food - not necessarily in that order. She's busy exploring the world, always in the company of her husband, tired dog and indignant felines.

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