Virtual Proof of Work: Cellula's Asset Distribution Innovation

Since 2017, Web3 has entered the era of low-threshold asset issuance. Various projects issue tokens or NFTs through methods such as IDO and ICO, but often face issues like strong control and lack of transparency, with RugPull incidents occurring frequently. To this day, the fairness flaws of traditional IDOs and ICOs have been fully exposed, and people have been hoping for a more fair and reliable asset issuance protocol.

Cellula offers a new perspective to address this issue. It implements an asset distribution layer that simulates PoW, using virtual proof of work (vPOW) to "mine" the asset distribution process, aiming to simulate a fairer asset distribution paradigm compared to Bitcoin. Although many see it as GameFi, Cellula can theoretically serve as a universal asset distribution platform with PoW effects, opening up broader prospects for Web3 asset issuance.

vPOW Core: Conway's Game of Life and BitLife

The core of Cellula's vPOW is based on the famous "Conway's Game of Life" algorithm. It divides a 9x9 "petri dish" into 81 squares, where each cell can be in one of two states: alive or dead. Players need to select the initial pattern of the petri dish, which is called BitLife.

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 living cells contained in BitLife, the higher the computing power it possesses, which is equivalent to creating a virtual mining machine.

The participants' goal is to construct or purchase the BitLife that is most likely to earn mining rewards. This model is equivalent to allowing ordinary users to develop their own "mining machines" or purchase others' "mining machines" for mining. The system distributes a certain amount of mining rewards every 5 minutes, allocated according to the hash power share of each BitLife in the network.

Analysoor Lottery Algorithm and VRGDAs Index Pricing Curve

Cellula has also introduced the Analysoor random number output algorithm, used for the charging lottery segment. It takes the block hash as an input parameter for the random number generator, drawing winners from among the participants who recharge, introducing a lottery system.

To prevent a certain pattern of BitLife from being mass minted, Cellula has adopted a variable rate progressive Dutch auction ( VRGDAs ) pricing algorithm. When the minting volume exceeds expectations, the price is raised; when it falls short of expectations, the price is lowered, effectively preventing scientists from mass minting a certain type of BitLife.

Summary: An Interesting Social Experiment

Cellula simulates the operation of the Bitcoin mining machine market through vPOW, but lowers the threshold for "mining machine research and development." Compared to the real-world mining machine industry chain, it is a more interesting social experiment. In this system, scientists, project parties, and ordinary players engage in dynamic games, with no single party able to completely monopolize the market, allowing for a form of dynamic balance.

Overall, Cellula provides a new approach for Web3 asset issuance, implementing a fairer and more reliable asset distribution mechanism through gamification. This innovation may bring new possibilities for the future of digital asset issuance.