Bitcoin Forum
April 18, 2019, 11:29:35 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / mining-less alternative chain? on: June 14, 2011, 06:41:03 AM
Please excuse my confusion, I have a question regarding the usage of Bitcoin's approach for an alternative chain ( https://en.bitcoin.it/wiki/Alternative_Chains ).

Would it be possible to create an alternative chain where all coins are pre-calculated from the beginning on so that no mining is possible? The system should be used to secure transactions only. I guess this question is related to the question "what happens when all 21 million Bitcoins are mined?".

Thanks for your advice.
Pages: [1]
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!