How it is possible to create coins only with the proof of stake system?

How it is possible to create coins only with the proof of stake system?

Nick Szabo comes 2011 with a alternative proof system wich he calls proof of stake POS. This system was used later by varios coins ( NXT, Peercoin, Blackcoin etc.) but all of them had the genesis coins premined or have them created in the beginning with the proof of work system. But how it would be possible to create coins only with the proof of stake system from the beginning ?

http://ift.tt/2AbVrfX

Comments

Post a Comment

Popular posts from this blog

sendrawtransaction and txn-mempool-conflict

sendrawtransaction and txn-mempool-conflict When i sendrawtransaction to bitcoind, i get error (exceptions) 18: txn-mempool-conflict (use Bitcoin JSON-RPC denpamusic/php-bitcoinrpc ) But the transaction is sent to the network and is subsequently confirmed. Example one decoded transaction : https://jsfiddle.net/rn58a4j6/ then i send this transaction: 94ec12fc463230b4285a29b047608627c05572a4c6eabe6688a201ce49ae72f7 https://ift.tt/2MY2KP0
Read more

couldn't connect to server: EOF reached (code 1)

couldn't connect to server: EOF reached (code 1) I'm running a full node on my raspberry pi3. I try to do a simple command such as bitcoin-cli getblockchaininfo but I always get this error: error: couldn't connect to server: EOF reached (code 1) (make sure server is running and you are connecting to the correct RPC port) My bitcoin.conf file looks like this: Bitcoind options server=1 daemon=1 reindex-chainstate=1 reindex=1 txindex=1 disablewallet=1 listenonion=0 Connection settings rpcuser= * rpcpassword=* rpcport=8332 rpcallowip=127.0.0.1 rpcthreads=10 I also tried to get a command with "bitcoin-cli -rpcuser: * - rpcpassword=* -rpcportt8332 getblockchaininfo". But this also didn't work. Does someone has some advice or experience with this error? https://ift.tt/2D82TLW
Read more