bitfreak: your paper is on my reading list and I have already read part of it. I'd like to get back to you soon on it with my impressions. Your paper will be the ... 3rd or 4th alternative consensus/blockchain proposal that I've reviewed, and it looks promising. Here are some preliminary comments since I suspect that my full review won't come for a while due to deadlines:

- One of the few important things that you're missing is the recent 51% solution to mining pools. Add that to your protocol/software and you'll go a long way to have a altcoin/altchain of major significance.

- You use "we" frequently in your writings but it sounds like you mean to say "I". If you have multiple people working on this you should make that clear by mentioning their names.

- Your other thread seems to indicate that you're already mining and giving away coins? There are good ways and bad ways of doing this, and depending on which method you choose it can make or break your coin. More fair = more chances of success for the coin (and you). I recommend doing a *lot* of reading on this and seeing how other coins approached the task (and what the end result was). And if you're too lazy to do that, just do whatever Ethereum is doing (Vitalik is a bright guy).

Now, to answer e4xit:


The balance is calculated from the inputs and outputs to that address. You would need to know how to do arithmetic to figure it out (or have your computer or friend do it for you).