Post
Topic
Board Altcoin Discussion
Re: A blockchain with a hashing function doing useful work
by
Meni Rosenfeld
on 03/10/2011, 20:22:37 UTC
What's proof-of-stake and BTCDD?
Proof of stake is currently not a single thing, it's a set of ideas some of which were discussed here. Bitcoin days destroyed (edited after realizing BTCDD is not a standard abbreviation) is a measure of the movement of coins. I talked about "circulation" in the first linked thread, and later realized that bitcoin days destroyed could be a good way to measure it.