This is a quote from the book "B-Money" by Wei Dai

Appendix A: alternative b-money creation

One of the more problematic parts in the b-money protocol is moneycreation. This part of the protocol requires that all of
the accountkeepers decide and agree on the cost of particular computations.Unfortunately because computing technology tends to advance rapidly andnot always publicly, this information may be un available, inaccurate, oroutdated, all of which would cause serious problems for the protocol.

So I propose an alternative money creation subprotocol, in which accountkeepers (every...
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