PROOF OF VALUE ALIENATION (PoVA) - a concept of a cryptocurrency issuance protocol

Tim Shuliar, Nikita Goldsmit · arXiv (Cornell University) · 2019

In this paper, we will describe a concept of a cryptocurrency issuance protocol which supports digital currencies in a Proof-of-Work (< PoW >) like manner. However, the methods assume alternative utilization of assets used for cryptocurrency creation (rather than purchasing electricity necessary for < mining >).

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