Post
Topic
Board Development & Technical Discussion
Re: DagCoin: a cryptocurrency without blocks
by
monsterer
on 24/09/2015, 07:05:58 UTC
If miners == users then I suggest to use a digital signature algorithm which security depends on PoW tied to the transaction. Those who generate little PoW may see their coins double-spent by others.

And so users with slow computers will simply stop using the platform, creating a centralisation of its own form - this is especially bad if difficulty is out of the control of the users, which in this paper it appears to be.