This article changes a lot of the original Bitcoin system, including, fast currency distribution within 1 year by utilizing buyer's different characters, removing bloated history transactions from data synchronization, no mining, no blockchain, it's environmentally friendly, no checkpoint,  it's purely decentralized and purely based on proof of stake. The logic is very simple and intuitive, 51\% stakes talk.  In aspect of security, we propose TILP & SSS strategies to secure our system . We utilize high credit individual as initial source of credit, taking Google Company as an example .
In this paper we propose a new framework of cryptocurrency system. The major parts what we have changed include removing the bloated history transactions from data synchronization, no mining, no blockchain, it's environmentally friendly, no checkpoint, no exchange hub needed, it's purely decentralized and purely based on proof of stake. The logic is very simple and intuitive, 51\% stakes talk. A new data synchronization mechanism named "Converged Consensus" is proposed to ensure the system reaches a consistent distributed consensus. We think the famous blockchain mechanism based on PoW is nolonger an essential element of a cryptocurrency system. In aspect of security, we propose TILP & SSS strategies to secure our system .
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This article changes a lot of the original Bitcoin system, including, fast currency distribution within 1 year by utilizing buyer's different characters, removing
In this paper we propose a new framework of cryptocurrency system. The major parts what we have changed include removing the
A
no exchange hub needed,
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A new data synchronization mechanism named "Converged Consensus" is proposed to ensure the system reaches a consistent distributed consensus. We think the famous blockchain mechanism based on PoW is nolonger an essential element of a cryptocurrency system.
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. We utilize high credit individual as initial source of credit, taking Google Company as an example