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January 15, 2019· arXiv
preprint
Open access

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

Authors:Tim ShuliarNikita Goldsmit

Abstract

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

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