📅 Original date posted:2014-05-20
📝 Original message: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 of wasting it on miners. Subsidized transaction fees are thus lower.
https://docs.google.com/document/d/1C4m-MFnxw0JjDorzrKs_IRQRqD9ila79o0IDt6KsbcE
Because the code is not yet written, this idea is half-baked so to speak. Comments appreciated on my project thread, which will be a development diary. I plan a hard fork of the Bitcoin blockchain in early 2016, after a year of public system testing, and conditioned on wide approval.
https://bitcointalk.org/index.php?topic=584719.msg6397403#msg6397403
-Steve
Stephen L. Reed
Austin, Texas, USA
512.791.7860
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Stephen Reed [ARCHIVE] /
npub1uq…22skp
2023-06-07 15:21:51
in reply to nevent1q…fk8z
Author Public Key
npub1uqn3q4lspmvszpe4vnswyuklxmqvxuwgfl05yy5pxsfcmrtyz0xq622skpPublished at
2023-06-07 15:21:51Event JSON
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"content": "📅 Original date posted:2014-05-20\n📝 Original message: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 of wasting it on miners. Subsidized transaction fees are thus lower.\n\nhttps://docs.google.com/document/d/1C4m-MFnxw0JjDorzrKs_IRQRqD9ila79o0IDt6KsbcE\n\n\nBecause the code is not yet written, this idea is half-baked so to speak. Comments appreciated on my project thread, which will be a development diary. I plan a hard fork of the Bitcoin blockchain in early 2016, after a year of public system testing, and conditioned on wide approval.\n\nhttps://bitcointalk.org/index.php?topic=584719.msg6397403#msg6397403\n\n-Steve\n\nStephen L. Reed \nAustin, Texas, USA \n512.791.7860\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140520/a2e808e8/attachment.html\u003e",
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}