I recommend a dual blockchain mining algorithm. The main chain should be POS so that no resources going into securing the main chain dominate the subchains. The subchain mining algorithm is a proof-of-DDOS computationally secured by SSL's signing key. This is technically a proof of work, not a proof of bandwidth!
Interesting,
so if I'm understanding this correctly, you'd launch your blockchain with 2 genesis blocks, in essence forking the chain from the very beginning or am I missing something?
.... regular POS are quality enough. However, I wouldn't recommend delegated POS, because it seems unfair and anticompetitive to me.
I agree. I like PoS over PoW but it does allow for those with more capital or the means of procuring more capital an unfair advantage in a PoS delegated consensus system.
I don't have a nihilistic position based hatred of script kiddies... let em play. Yes, anybody could mine or even pay for DDOS of a signing certificate. That's the idea --> monetize the algorithm and payload of DOS in a secure, trustless, p2p manner.
To me, a better argument is the fact that a dominating financial class could use their bankrolls to manipulate the https domain names on the internet. Skids aren't going to suddenly run the world.
I see the coin gaining value via insider trading. For example, purchase a short position on
https://www.google.com then place a bounty on that website. The price should decrease. Maybe a better target is something like
https://merchandisesellingcompany.comAgain, I believe your blockchain would bring more harm than good
but I must admit to liking the way your mind is working and I'd still research and follow your blockchain. when you publish the whitepaper can you please tag me in the post?