Too Long; Didn't Read
In a <a href="https://hackernoon.com/decentralized-objective-consensus-without-proof-of-work-a983a0489f0a#.6tzpy6i1k" target="_blank">recent article</a> I proposed a dual-token approach to blockchain consensus. The system aims to provide economic decentralization, fulfilling the paradigm: <strong>One entity, one vote! </strong>The model<strong> </strong>stands in a stark contrast to existing blockchains like Bitcoin, Ethereum or NXT in which the influence of a party is proportional (or even superlinear if we take into account economies-of-scale and selfish mining strategies) to its computational power or stake. My proposal can be broken down into the following key points: