Post
Topic
Board Altcoin Discussion
Re: Virtual currency without block chain
by
HunterMinerCrafter
on 04/10/2014, 02:08:08 UTC
the double spend and counterfeit problems are solved, yet the problem of ensuring consistent data in the DHT remains to be solved.

One of the key realizations to be had is that these are essentially the same concern.

Quote
(The coins in my proposal are minted by a central authority but after having been minted the coins are fully decentralized and peer-to-peer.)

Also (arguably) undesirable, for many good reasons.