January 15, 2019· arXiv (Cornell University)
preprint
Open access
PROOF OF VALUE ALIENATION (PoVA) - a concept of a cryptocurrency\n issuance protocol
Authors:Tim ShuliarNikita Goldsmit
Abstract
In this paper, we will describe a concept of a cryptocurrency issuance\nprotocol which supports digital currencies in a Proof-of-Work (< PoW >) like\nmanner. However, the methods assume alternative utilization of assets used for\ncryptocurrency creation (rather than purchasing electricity necessary for <\nmining >).\n
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