From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-1.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Wmmey-0006xK-Fs for bitcoin-development@lists.sourceforge.net; Tue, 20 May 2014 16:13:00 +0000 Received-SPF: pass (sog-mx-1.v43.ch3.sourceforge.com: domain of yahoo.com designates 98.139.213.141 as permitted sender) client-ip=98.139.213.141; envelope-from=stephenreed@yahoo.com; helo=nm23-vm1.bullet.mail.bf1.yahoo.com; Received: from nm23-vm1.bullet.mail.bf1.yahoo.com ([98.139.213.141]) by sog-mx-1.v43.ch3.sourceforge.com with esmtps (TLSv1:AES256-SHA:256) (Exim 4.76) id 1Wmmex-0003ut-DT for bitcoin-development@lists.sourceforge.net; Tue, 20 May 2014 16:13:00 +0000 Received: from [98.139.215.140] by nm23.bullet.mail.bf1.yahoo.com with NNFMP; 20 May 2014 16:12:54 -0000 Received: from [98.139.212.215] by tm11.bullet.mail.bf1.yahoo.com with NNFMP; 20 May 2014 16:12:53 -0000 Received: from [127.0.0.1] by omp1024.mail.bf1.yahoo.com with NNFMP; 20 May 2014 16:12:53 -0000 X-Yahoo-Newman-Property: ymail-3 X-Yahoo-Newman-Id: 898668.59144.bm@omp1024.mail.bf1.yahoo.com Received: (qmail 80026 invoked by uid 60001); 20 May 2014 16:12:53 -0000 X-YMail-OSG: Vyo22d0VM1kWv_VZ6N2MJjHnq5SAwoDmtOh0AOdQPXuDNnN eHdBEihKygtG634pYlvyM5Now9oEV8WNYHA9FFwZyzZO4.GJMM192MfYOcNB wt0VCfyTvYjhNngTqpmceZRGpJ8aXIiWlFumpZP4PXM.fEuGfN4wJvksJFdo 8YMsVIAJVXdKkER2gczUxM7ktFkSIWpzd.ARKq4K9vfdR4CSKgv8esp5T.9J EeOg1pT5GlzKCuyV0KYRe0m_kQ75VHs1J9c_cpi1qxQW.nW.PFdYOQzXUBoj Cz.wRQFMY8BMKRo5DimQezpzADZOyRYpEnf5uO8edqqp.7yo3hP1qfGM64vU A8YmivbcOwzOX1slVnWvmtC.eV0_ucb2ytY2QD9amyszC6hDYHFIbsBG8vcm YjlGwpv2IHfR41GnqeYj7C4I._yVi8LlZ0XrA7653NI31Jtj.VazzGsFMYoJ CbfWhK89FEDxAHNnvI10a3fGPX.moGWvgaDSFlcHCZrau_T.Il_P2A5.Gotp xEdMqvz_HJMLo_p0NIbZ7TAyznK0RFHC7BL2G6EOiwz5wWB6ayRRh686WuxB t9MACHXwHaVSTEq.Kt8nd6yojI.C7tzFW3nbwI7wn37VkItYhEYrLrIs3wJf Wyz_qvEISp31PBz5uSrQjzL0ixQudJxkKEWhmeOiMANz5lqWKzfOm.NEEX2p ZLo3PxC6SodGoYnfXwNiRSbqOG1k_hUu4VxqopxwdsoI42M70xGzQkd5d3be 7XcoVVbFn.5aitlygFIXqk7MSNszEioUJAf6kQJusgtkLUky1xiW5g3ZKlqd mR2s- Received: from [76.250.116.214] by web160501.mail.bf1.yahoo.com via HTTP; Tue, 20 May 2014 09:12:53 PDT X-Rocket-MIMEInfo: 002.001, SSBjb21wbGV0ZWQgYSB3aGl0ZXBhcGVyIGZvciBCaXRjb2luIGEgcHJvb2Ytb2Ytc3Rha2UgdmVyc2lvbiB3aGljaCB1c2VzIGEgc2luZ2xlIG5vbWFkaWMgdmVyaWZpYWJsZSBtaW50IGFnZW50IGFuZCBkaXN0cmlidXRlZCByZXBsaWNhdGlvbiBvZiBhIHNpbmdsZSBibG9ja2NoYWluIGJ5IGNvbXBlbnNhdGVkIGZ1bGwgbm9kZXMgdG8gYWNoaWV2ZSA2LWhvcCwgc3ViLXNlY29uZCB0cmFuc2FjdGlvbiBhY2tub3dsZWRnZW1lbnQgdGltZXMuIFBsdXMgaXQgcGF5cyBkaXZpZGVuZHMgdG8gaG9sZGVycyBpbnMBMAEBAQE- X-Mailer: YahooMailWebService/0.8.188.663 Message-ID: <1400602373.46778.YahooMailNeo@web160501.mail.bf1.yahoo.com> Date: Tue, 20 May 2014 09:12:53 -0700 (PDT) From: Stephen Reed To: "bitcoin-development@lists.sourceforge.net" MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="1708847852-428783590-1400602373=:46778" X-Spam-Score: -1.3 (-) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -0.0 RCVD_IN_DNSWL_NONE RBL: Sender listed at http://www.dnswl.org/, no trust [98.139.213.141 listed in list.dnswl.org] -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider (stephenreed[at]yahoo.com) -0.0 SPF_PASS SPF: sender matches SPF record -0.7 RP_MATCHES_RCVD Envelope sender domain matches handover relay domain 1.0 HTML_MESSAGE BODY: HTML included in message -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1Wmmex-0003ut-DT Subject: [Bitcoin-development] Bitcoin Cooperative Proof-of-Stake whitpaper X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list Reply-To: Stephen Reed List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 20 May 2014 16:13:00 -0000 --1708847852-428783590-1400602373=:46778 Content-Type: text/plain; charset=us-ascii I completed a whitepaper for Bitcoin a proof-of-stake version which uses a single nomadic verifiable mint agent and distributed replication of a single blockchain by compensated full nodes to achieve 6-hop, sub-second transaction acknowledgement times. Plus it pays dividends to holders instead of wasting it on miners. Subsidized transaction fees are thus lower. https://docs.google.com/document/d/1C4m-MFnxw0JjDorzrKs_IRQRqD9ila79o0IDt6KsbcE Because the code is not yet written, this idea is half-baked so to speak. Comments appreciated on my project thread, which will be a development diary. I plan a hard fork of the Bitcoin blockchain in early 2016, after a year of public system testing, and conditioned on wide approval. https://bitcointalk.org/index.php?topic=584719.msg6397403#msg6397403 -Steve Stephen L. Reed Austin, Texas, USA 512.791.7860 --1708847852-428783590-1400602373=:46778 Content-Type: text/html; charset=us-ascii
I completed a whitepaper for Bitcoin a proof-of-stake version which uses a single nomadic verifiable mint agent and distributed replication of a single blockchain by compensated full nodes to achieve 6-hop, sub-second transaction acknowledgement times. Plus it pays dividends to holders instead of wasting it on miners. Subsidized transaction fees are thus lower.


Because the code is not yet written, this idea is half-baked so to speak. Comments appreciated on my project thread, which will be a development diary. I plan a hard fork of the Bitcoin blockchain in early 2016, after a year of public system testing, and conditioned on wide approval.

https://bitcointalk.org/index.php?topic=584719.msg6397403#msg6397403

-Steve

Stephen L. Reed
Austin, Texas, USA
512.791.7860
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