Concept of Proof of Primacy (PoP)

As Web3 gains traction among institutional players, traditional investors, and individual capital holders, we can anticipate a significant influx of money and ideas into the Web3 space. This movement will extend beyond finance, with technology and science increasingly leveraging blockchain for innovation and fundraising. This new landscape promises unprecedented growth in individual scientific research, leading to numerous breakthroughs. However, these advancements will also present challenges, akin to those faced by the early radio inventors, whose contributions remain contested between Guglielmo Marconi and Alexander Popov.

The advent of the internet aimed to facilitate global communication and information sharing, including scientific discoveries and technical data. Despite this, discrepancies still exist due to the multitude of platforms and varying timestamps, leading to disputes over the origins of inventions. Blockchain technology offers a new solution, providing immutable and auditable records through time-stamping and information recording. We can take example of great ideas bought to the Web3 space such as the existence of decentralized storage like Filecoin provides.

The Proof of Primacy (PoP) concept aims to solve the issues of disputes and to create a working concept specifically fitted for scientific and technological research. This blockchain-based system is designed to address three core aspects:

1. Security and Integrity: The ensuring that the timestamping process is tamper-proof, maintaining the accuracy and reliability of records. This is key in my thesis as the whole basis of this concept is that the proof of primacy is supposed to be security and efficient in what it will do.

2. Speed: It is entirely possibly that focusing too much on speed could deteriorate our security and integrity of this concept however enabling moderate speed, which is enough to have the concept function is key in displaying the "Primacy Claims" as soon as possible.

3. Simplicity: The idea is that the simplicity of the submission of "Primacy Claims" will allow anyone to make claims through a user-friendly smart contract system.

Why Proof of Primacy Matters?

In the realm of scientific discovery and technological innovation, being the first to publish or patent can make a significant difference. The Proof of Primacy (PoP) system offers a way to definitively establish the origin of an idea or invention, preventing disputes and ensuring proper recognition. This is crucial not only for individual scientists and inventors but also for fostering a collaborative and transparent research environment.

How PoP Works

The PoP system will use blockchain’s decentralized nature to provide a trusted and immutable record of invention claims. Here’s how it works:

- Submission: Researchers and inventors submit their discoveries to the PoP platform, where each submission is timestamped and recorded on the blockchain.

- Verification: The submission undergoes a verification process to ensure it meets the necessary criteria for originality and relevance (This process can be automated with AI).

- Publication: Once verified, the claim is published on the blockchain, providing an unalterable record accessible to anyone.

Advantages of PoP

1. Transparency: All claims are publicly accessible, ensuring transparency and accountability.

2. Decentralization: The decentralized nature of blockchain prevents any single entity from controlling the records.

3. Auditability: Third-party auditors can verify the integrity of the claims at any time.

4. Global Accessibility: Researchers from around the world can access and utilize the PoP system, promoting inclusivity and collaboration.

Future Implications

The implementation of PoP could revolutionize how scientific discoveries and technological innovations are recorded and acknowledged. It has the potential to:

- Reduce Disputes: By providing clear, auditable records of invention claims, PoP can minimize disputes over intellectual property.

- Encourage Innovation on Web3 Infrastructure: Knowing that their work will be securely and transparently recorded, more individuals may be encouraged to share their discoveries on the Web3 space, and as more and more researches use Web3 this will create a new onboarding process for not investors but scientists and researchers .

- Facilitate Funding: Transparent records can make it easier for researchers to attract funding, as investors can trust the integrity of the claims. PoP can not only be used to verify research and ideas but to also provide funding for individuals. How? We all know that we can utilize the power of crowdfunding, with donations being made more easier and transparent more people could fund research online. This is not the primary objective of the PoP system but its more of a side-concept which will could work in a symbiosis with the PoP system.

In conclusion, the Proof of Primacy concept represents a significant advancement in how we could record and recognize scientific and technological innovations. By utilization of the blockchain technology, PoP shall ensure that the origin of ideas is securely and transparently documented.