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General Discussion / Re: Transactions as Proof-of-Stake & The End of Mining
« on: December 01, 2013, 07:23:59 am »Quote
The Cons of Proof-of-Stake?This is quite a bit of a question really. Mining works to distribute coins efficiently and allows anyone (with varying amount of course) to actually create the coin free and anonymously. One of the foundations promised of Bitshares is that it will be decentralized, I am not sure why you feel the need to take the initial foundation of incentivised mining out of Bitshares rather than focusing on more logistics of the idea of Bitshares as a whole.
1) How to distribute coins? Many options here.