sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<bsm1175321> What if a coin allowed the creation of new units by submitting a PoW hash that is *not* tied to the creation of a block? The units in circulation would be equal to the total difficulty (summed over all blocks and submissions). This would make it unnecessary to join pools.
<maaku> bsm1175321: it's called hashcash
<bsm1175321> I know. :-P
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