At the risk of being annoying, would anybody be able to briefly detail the pros and cons of proof of transaction as implemented by fluttercoin. It seems innovative and could potentially solve a number of issues that the proof of work coins are running into now. People seem to be writing it off though because fluttercoin hasn't been crypto fad of the month yet, but I don't know enough to comment.
Kidcoin can explain better but from what I understand, PoT adds another layer of security for the blockchain which is always a good thing. As for the cons of PoT, I really don't know of any? Who wouldn't want a chance to gain more coins just for trading the coins you already own ?