Hi everyone,
I’ve been working on a new decentralized transaction-confirmation mechanism that removes the need for miners, validators, PoW, and PoS entirely.
I am releasing the whitepaper publicly for open discussion and early feedback.
Whitepaper (v1.1 PDF):
https://drive.google.com/file/d/1E3h5kKI1qkf0mVVXDk_hhaKyorBewdAN/view?usp=drivesdk
The original version (v1.0) was timestamped using OpenTimestamps and anchored into Bitcoin block 942671 (March 28, 2026). This proves the idea and document existed prior to public release.
The v1.1 version includes refinements and improvements (especially in Section 3).
The .ots timestamp file is only for cryptographic proof and is not required for reading or reviewing.
I would love to hear feedback, criticisms, questions, or suggestions from people working in:
• Distributed systems
• Consensus algorithms
• DAG-based protocols
• Applied cryptography
• Blockchain architecture
Thanks in advance to anyone willing to discuss the idea.
Posted by Thin-Syrup-2097