WHAT: People doing strange things with electricity
WHERE: 107 Projects, 107 Redfern Street Redfern NSW 2016 Sydney Australia
WHEN: Monday 23rd of September, 2013 - 7:00 pm till 9:30 pm
HOW MUCH: Gold coins or Bitcoins
This month’s Dorkbot has been guest curated by James Nichols!
FREDERICK MALOUF : TIME BEATS GLOBAL
Frederick Malouf has designed a debt-free decentralised currency called Timebeats, based on time. It supports what is universal in every human being, regardless of culture, beliefs, or position: we all want to love and be loved, we all want the opportunity to create, we want what we create to be acknowledged to be of value by as many people as possible.
It is designed for users to default to collaborate and share knowledge to create the highest quality product with minimal resources in the shortest time, ultimately creating of a foundation for reputation economies.
At the core of Timebeats is crowdsourcing. People are the most valuable asset any project/business can have. Funding becomes redundant. So do lots of other things, in particular tax, poverty, crime, and most conflict.
There is no greater gift anyone can give you than their time, and there is no greater insult than wasting it.
Find out more here: http://independent.academia.edu/timebeatsglobal.
JOSH HARLE : GAMESPACES
GAMESPACES: Museum of Contemporary Art is a photo‐realistic recreation of Sydney’s Museum of Contemporary Art as a playable video game, complete with galleries filled with paintings, sculptures, and video works.
The work was commissioned by guest curator Tully Arnot for the MCA’s 13th Artbar event entitled “Unreal!”, and was installed as a recreation of a gamer’s livingroom (complete with Dorritos) at the entrance to the museum. It explores everyday experiences of space in an age of mediating technology, framing the virtual gamespace against the physical building it indexes and is installed within. The artist plays on our ability to perceptually inhabit the gamespace, and our pleasure in doing so.
JAMES NICHOLS + DAN STOCKS : BITCOIN MINING
BitCoin is a peer-to-peer de-centralised currency that can be used as a means of semi-anonymous exchange between two parties that requires no third party clearinghouse or central bank to issue the currency. The system, called a “crypto-currency” uses an ingenious combination of cryptographic algorithms to create a true peer-to-peer network, with verified transactions.
Bitcoin transactions are verified through hash-breaking algorithms where people can volunteer computer time to put in large amounts of work to ensure the verification of the whole system. In return they get a BitCoin reward. This process is called “mining”, it generates Bitcoin out of thin air for putting in some work.
Recently there has been a lot of activity in the world of creating custom hardware for doing this mining process many orders of magnitude faster than an ordinary CPU ever could. Dan Stocks, James Nichols and Jesse Ricketson have been working on providing one such system, and will talk about their endeavours in the wild west frontier of Bitcoin mining.