š
Original date posted:2014-05-20
š Original message: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 <stephenreed at yahoo.com> wrote:
>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
>
>------------------------------------------------------------------------
>
>------------------------------------------------------------------------------
>"Accelerate Dev Cycles with Automated Cross-Browser Testing - For FREE
>Instantly run your Selenium tests across 300+ browser/OS combos.
>Get unparalleled scalability from the best Selenium testing platform
>available
>Simple to use. Nothing to install. Get started now for free."
>http://p.sf.net/sfu/SauceLabs
>
>------------------------------------------------------------------------
>
>_______________________________________________
>Bitcoin-development mailing list
>Bitcoin-development at lists.sourceforge.net
>https://lists.sourceforge.net/lists/listinfo/bitcoin-development
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Nick Simpson [ARCHIVE] /
npub1qjā¦fp6am
2023-06-07 15:21:51
in reply to nevent1qā¦k75s
Author Public Key
npub1qju64jpakk8gfqzy4nd56ju8gqvqtf57tq7qe2ezwz004xe0fresxfp6amSeen on
wss://relay.nostr.bandPublished at
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Original date posted:2014-05-20\nš Original message:Referring to the subsidy for miners as \"wasting it on miners\" isn't going to garner you much favor. \n\n\nOn May 20, 2014 11:12:53 AM CDT, Stephen Reed \u003cstephenreed at yahoo.com\u003e wrote:\n\u003eI completed a whitepaper for Bitcoin a proof-of-stake version which\n\u003euses a single nomadic verifiable mint agent and distributed replication\n\u003eof a single blockchain by compensated full nodes to achieve 6-hop,\n\u003esub-second transaction acknowledgement times. Plus it pays dividends to\n\u003eholders instead of wasting it on miners. Subsidized transaction fees\n\u003eare thus lower.\n\u003e\n\u003ehttps://docs.google.com/document/d/1C4m-MFnxw0JjDorzrKs_IRQRqD9ila79o0IDt6KsbcE\n\u003e\n\u003e\n\u003eBecause the code is not yet written, this idea is half-baked so to\n\u003espeak. Comments appreciated on my project thread, which will be a\n\u003edevelopment diary. I plan a hard fork of the Bitcoin blockchain in\n\u003eearly 2016, after a year of public system testing, and conditioned on\n\u003ewide approval.\n\u003e\n\u003ehttps://bitcointalk.org/index.php?topic=584719.msg6397403#msg6397403\n\u003e\n\u003e-Steve\n\u003e\n\u003eStephen L. Reed \n\u003eAustin, Texas, USA \n\u003e512.791.7860\n\u003e\n\u003e------------------------------------------------------------------------\n\u003e\n\u003e------------------------------------------------------------------------------\n\u003e\"Accelerate Dev Cycles with Automated Cross-Browser Testing - For FREE\n\u003eInstantly run your Selenium tests across 300+ browser/OS combos.\n\u003eGet unparalleled scalability from the best Selenium testing platform\n\u003eavailable\n\u003eSimple to use. Nothing to install. Get started now for free.\"\n\u003ehttp://p.sf.net/sfu/SauceLabs\n\u003e\n\u003e------------------------------------------------------------------------\n\u003e\n\u003e_______________________________________________\n\u003eBitcoin-development mailing list\n\u003eBitcoin-development at lists.sourceforge.net\n\u003ehttps://lists.sourceforge.net/lists/listinfo/bitcoin-development\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140520/34da049b/attachment.html\u003e",
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