"This is a good system. After having had time to study its implementation, I have found the main flaw to be the lack of a funding mechanism to support network infrastructure and operation costs.
This can be cured by adding a proof of stake layer to…"
The Foundation for Peer to Peer Alternatives
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Greg Matthews's Page
Profile Information
- Are you a human?
- Yes
- About Me:
- Goldcoin (GLC) messenger sent from future. A cash payment system and value store inspired by none other than Satoshi Nakamoto.
Fully decentralized and distributed. It's the Money for a New Generation.
- How did you come across this network?
- Satoshi Nakamoto and I used to be friends.
- Website:
- http://twitter.com/realmicroguy
Latest Activity
"This won't work because it would incentivize malicious users to spin up node farms in order to artificially bump inflation rate.A secondary approach might be to back off the diff adjustment since hashrate activity is tied to market price.…"
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