You could just remove the reward, any one can mine new block out of the mem pool, if two blocks or tx are in common, a determinstic algorithm could be used to select between the two.
Seriously you do not understand Byzantine fault tolerance and the FLP impossibility theorem.
If you want to add to my point of view, dont just claim I dont understand.
I am sorry but you don't understand. Your subsequent comments arguing with @dinofelis about checkpoints further confirms you have not studied the research I mentioned.
Please don't construct a Dunning-Kruger asshat for yourself. Just admit to yourself that you have not done the research. Its better to be honest.
If you want to build a réputation of the forum, please do it with someone else.
I hope you don't take it personally that I correct people when they are making factual errors and/or if it clear they are not knowedgeable about what they are writing about.
I expect others to do the same when I state errors. And I thank them.
The thing is ultimately I dont even care about this lol
Im into doing application for blockchain, and with the script thing im doing ill be able to kick start test net with experiment like this to see if they fly or not.
The only thing im concerned with in short term about coins is that they can keep windows of 10-30 min of non extreme volatility, the rest ultimately I can do with it
Im more concerned about the currency side rather than the consensus / speculation / pow aspect, and for distributed application data data, the problematic is much simpler than this.
So ultimately for me it's just curiousity, and if I have time maybe ill do test with a blockchain like this without block reward, and using other way to solve double spent and resolve sybils "non attack" ( merging of the tx ).
And all together your comment also show that you dont see my perpective, and why the thing you point doesnt matter, and what I meant with checkpoint is that you would only need real pow consencus on this checkpoint to "harden" The chain if you want to enforce a particular order on the tx/block, but that would just be about one packet saying this block height is this block hash, and having a pow once in a while on this checkpoint instead of every block.
But even this is not even my main concern for the moment, and I wont speak more about it because anyway I know it's not complete at this point, and if I want to put time in making a blockchain like this and resolving all the issues, ill do it easily with the script.
And other than this for the moment I dont need this to be error free, and you dont seem to really read or understand my own thinking before to cherry pick a sentence out of context and making some kind of strawman arguments out of it, to counter some implication I didn't make to begin with.
In the same time it's also my bad because I dont do welling constructed posts to explain my thinking clearly, but to really do this i would need to really dig some math, layout some equation, and restating a whole lot of things on blockchain seen mostly as distributed ledger, rather than speculative coins or ideal currency.
And I dont have time for this and it's not my focus for the moment
I have put my father on it lmao he is retired so he has time and he is super good in math and economics lol
I showed him the pdf you sent me, he said it's the old notation and there are much better math to do this now, and the heart of the pb with modern math is simple. It's from 1929
he said there are much better book for this sort of stuff now Then I talked to him about Nash and this stuff , he looked interested, and said he would look into it lol
But other than this, other than getting in the math myself which I dont have the time for, and I dont see the interest for me for the moment, I dont see how to reach conclusion about the whole math model that can be behind bitcoin.
And again im mostly interested in the currency aspect from app side, I dont specially plan on holding lot of coin to sit on them waiting that they Hatch with the invisible hand
So all this side is most irrelevant for me, and for the part it matter for running a coin with value today I would stick to already well tested protocols
The rest would be for pet toy or distributed application data, which is different logic all together.