Topic: My challenge - page 2. (Read 1625 times)
Oh, and no - bitcoin and other blockchain-based currencies forked from it do not count
I've noticed a few threads popping up here about how "wasteful" the mining process is, so to get to the point here's my challenge.
Describe a protocol in sufficient detail that it can be actually implemented (tiny details such as packet format etc don't matter, general operation does) and which has the following properties:
I will pay 5BTC to whoever can solve this challenge - remember it must match all points.
Describe a protocol in sufficient detail that it can be actually implemented (tiny details such as packet format etc don't matter, general operation does) and which has the following properties:
- No reliance on a central server
- An unchanging record of past transactions that can not be altered
- No double spending
- Ability to receive funds while your client is offline
- No proof of work requirement
I will pay 5BTC to whoever can solve this challenge - remember it must match all points.
Jump to: