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

2014-05-21 Thread Benjamin Cordes
I'm doing a hard fork, too. In my version 78% of the wealth will go to me, which I will redistribute on based on personal preferences. Come and join me into a new and obviously superior system. More seriously though: the paper is not bad, but I can guarantee you that Bitcoin will *never* change th

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

2014-05-20 Thread Odinn Cyberguerrilla
> 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 > in

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

2014-05-20 Thread Nick Simpson
Referring to the subsidy for miners as "wasting it on miners" isn't going to garner you much favor. On May 20, 2014 11:12:53 AM CDT, Stephen Reed wrote: >I completed a whitepaper for Bitcoin a proof-of-stake version which >uses a single nomadic verifiable mint agent and distributed replication

[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 o