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The closest possibility would be proof of stake[0] instead of the current system of proof of work. I'm massively simplifying the idea, but proof of stake deliv
by Qub3d 9y ago
The closest possibility would be proof of stake[0] instead of the current system of proof of work.
I'm massively simplifying the idea, but proof of stake delivers new coins (either at predetermined intervals or all at once during the ICO) out in a pseudo-random way with some weight factors. Its almost like buying lottery tickets.
https://en.wikipedia.org/wiki/Proof-of-stake https://en.wikipedia.org/wiki/Proof-of-stake