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authorJeffrey Burdges <burdges@gnunet.org>2017-05-18 14:10:39 +0200
committerJeffrey Burdges <burdges@gnunet.org>2017-05-18 14:10:39 +0200
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Ponzicoin to the moon!!!
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@@ -286,8 +286,8 @@ major irredeemable problems inherent in their designs:
called an AltCoin, and, if successful, reap the benefits of the low
cost to initially create coins cheaply as the proof-of-work
difficulty adjusts to the computation power of all
- miners in the network. As participants are
- de facto investors, AltCoins become a form of Ponzi scheme.
+ miners in the network. As participants are de facto investors,
+ AltCoins can become a form of Ponzi scheme.
% As a result, dozens of
% AltCoins have been created, often without any significant changes to the
% technology. A large number of AltCoins creates additional overheads for