paper
PROOF OF VALUE ALIENATION (PoVA) - a concept of a cryptocurrency issuance protocol
Tim Shuliar, Nikita Goldsmit
PROOF OF VALUE ALIENATION (PoVA) - a concept of a cryptocurrency issuance protocol
Tim Shuliar, Nikita Goldsmit
paper2019-01-15English
q-fin.GN
Description
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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