Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id D967F486 for ; Fri, 21 Aug 2015 03:12:09 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from mail.ashes.network (mail.ashes.network [45.55.9.241]) by smtp1.linuxfoundation.org (Postfix) with ESMTP id 7BDCE11D for ; Fri, 21 Aug 2015 03:12:09 +0000 (UTC) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/simple; d=ashes.network; s=mail; t=1440126728; bh=tRj6RwMBYnbzGe5efpB6PmqwtcVkPpSpnEBwRSryC5k=; h=Date:From:To:Subject:From; b=R8fdK9OFvtddZj28/hkc0kIWFXj4VAkJkTkKQORhiCl8y5+2OgOQkhTpqFBI9YNYi L3R/XRiNrHyuyBy81flTs5CfIp2ZNaIPOPw/vsdalMDQuDTAOHgQKZt3oREeUUIsWV IPnfwoXMQkMB4boWoqR4UX8k4gK2QUaDqSn5oMYQ= Message-ID: <55D69708.1000605@ashes.network> Date: Thu, 20 Aug 2015 20:12:08 -0700 From: Asher User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:31.0) Gecko/20100101 Thunderbird/31.8.0 MIME-Version: 1.0 To: bitcoin-dev@lists.linuxfoundation.org Content-Type: text/plain; charset=utf-8; format=flowed Content-Transfer-Encoding: 7bit X-Spam-Status: No, score=-2.6 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,RP_MATCHES_RCVD autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: [bitcoin-dev] ashes.network X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 21 Aug 2015 03:12:10 -0000 Hi All, I put together a draft describing an idea I had for an alternate set of chain mechanics which solve some of the problems I see with existing proof-of-work and proof-of-stake systems (mining centralization, wealth concentration, nothing-at-stake, lack of full-node incentives, etc.). I'd love to get feedback on the idea. http://ashes.network/ashes.pdf Thanks, Asher