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It uses Bitcoin


They said it's not

> We have something much older then Bitcoin

https://news.ycombinator.com/item?id=40159144


it's their artisanal trust me token. at least it's not monetary (yet). the technical description is a pull based delayed ledger.

the paper they link just show that by harming newcomers to the network you reduce free loaders, but they interpret that it solves fraud.




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