Re: [Bitcoin-development] New paper: Research Perspectives and Challenges for Bitcoin and Cryptocurrencies

2015-03-04 Thread Stephen Reed
You might consider the dimension taken by the cooperative mining approach of AI Coin, an altcoin that will launch April 27. The coin is an embodiment of principles described in my whitepaper last May, Bitcoin Cooperative Proof of Stake. http://arxiv.org/abs/1405.5741 Currently we do not use

[Bitcoin-development] Bitcoin Cooperative Proof-of-Stake whitpaper

2014-05-20 Thread Stephen Reed
I completed a whitepaper for Bitcoin a proof-of-stake version which uses a single nomadic verifiable mint agent and distributed replication of a single blockchain by compensated full nodes to achieve 6-hop, sub-second transaction acknowledgement times. Plus it pays dividends to holders instead

Re: [Bitcoin-development] Proof-of-Stake branch?

2014-04-25 Thread Stephen Reed
My understanding is that sidechains require merged mining support and that sidechains create no coinbase transactions themselves. When Bitcoin Core supports the two-way peg then I would update my source code branch to incorporate that or any other change that is released. Ideally, when

[Bitcoin-development] Proof-of-Stake branch?

2014-04-24 Thread Stephen Reed
Hello all. I understand that Proof-of-Stake as a replacement for Proof-of-Work is a prohibited yet disputed change to Bitcoin Core. I would like to create a Bitcoin branch that provides a sandboxed testbed for researching the best PoS implementations. In the years to come, perhaps