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unlimited_power
on Jan 9, 2014
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Ghash.io very close to 51% of bitcoin pool
I encourage people to look at the paper Transactions as Proof-of-Stake & The End of Mining[0] defining a form of the idea. BitShares[1] (due out in Q2 2014) will implement this.
[0]
https://bitsharestalk.org/index.php?topic=1138.0
[1]
https://www.youtube.com/watch?v=5BV55IrZi7g
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[0] https://bitsharestalk.org/index.php?topic=1138.0
[1] https://www.youtube.com/watch?v=5BV55IrZi7g