On Fri, Jul 13, 2018 at 1:27 AM Jakub Trnka
wrote:
> I think building some overlay scarcity and value on top of bitcoin
> blockchain would incentivize people to transact a lot. An equilibrium would
> emerge between paying transaction fees and mining new coins. Which would
> effectively be equival
I think building some overlay scarcity and value on top of bitcoin blockchain
would incentivize people to transact a lot. An equilibrium would emerge between
paying transaction fees and mining new coins. Which would effectively be
equivalent to selling bitcoin and buying some mergemined altcoin,
I am considering a method to derive digital scarcity from bitcoin
transactions. Coins are created from transactions if their hash is among
the closest n to the non zero portion of the block hash. Only a single coin
can be created per transaction irrespective of the size of the transaction.
Therefor
