Post
Topic
Board Altcoin Discussion
Re: Why aren't all coins, sha and scrypt based done like this.....
by
mikekolba
on 15/02/2014, 17:43:02 UTC
The thought was to keep the current decentralized mechanism for generating coins, but just tie the mining output also to something that has additional tangible value (like curing cancer or creating clean energy, etc).  Doesn't change how a person would use their generated coin or their ability to use exchanges or trade them but gives the mining process some additional inherent value.