How it is possible to create coins only with the proof of stake system?

How it is possible to create coins only with the proof of stake system?

Nick Szabo comes 2011 with a alternative proof system wich he calls proof of stake POS. This system was used later by varios coins ( NXT, Peercoin, Blackcoin etc.) but all of them had the genesis coins premined or have them created in the beginning with the proof of work system. But how it would be possible to create coins only with the proof of stake system from the beginning ?

http://ift.tt/2AbVrfX

Comments

Popular posts from this blog

Unable to send raw transaction: mandatory-script-verify-flag-failed

ETH To The Moon / Bank of England Cryptocurrency? / BTC Dominance / More (The Crypt0 Minute)

My blockchain.info wallet was hacked. How can I create a double send to foil the attacker?