English

PROOF OF VALUE ALIENATION (PoVA) - a concept of a cryptocurrency issuance protocol

General Finance 2019-01-16 v1

Abstract

In this paper, we will describe a concept of a cryptocurrency issuance protocol which supports digital currencies in a Proof-of-Work (< PoW >) like manner. However, the methods assume alternative utilization of assets used for cryptocurrency creation (rather than purchasing electricity necessary for < mining >).

Keywords

Cite

@article{arxiv.1901.04928,
  title  = {PROOF OF VALUE ALIENATION (PoVA) - a concept of a cryptocurrency issuance protocol},
  author = {Tim Shuliar and Nikita Goldsmit},
  journal= {arXiv preprint arXiv:1901.04928},
  year   = {2019}
}

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