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So what you're actually proposing is a blockchain where the mining process is based on e.g. UN member countries voting. Cool, but that's not proof of work, it's
by centimeter 6y ago
So what you're actually proposing is a blockchain where the mining process is based on e.g. UN member countries voting. Cool, but that's not proof of work, it's not a cryptocurrency, and it's not very useful. They already have something a lot like this - it's called "Banks in the EEA".