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Topic: Generating Currency On Demad? (Read 66 times)

newbie
Activity: 2
Merit: 0
December 02, 2018, 01:07:35 PM
#1
Is there a hash algorithm that allows generating currencies on demand, i.e. without the need of mining? For example, suppose there is a currency named "ODC" and the issuing authority wants to immediately generate new 1000 ODC units, is this possible given any of the current algorithms?
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