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Re:Minimum Viable Block Chain by flatline on Monday May 05, 2014 @01:40PM (#7699923)
If you haven't read the peercoin whitepaper[1], it may get you a bit closer to an understanding. That being said, I still don't have a solid grasp of exactly how coins destroyed results in solving blocks...

[1] http://www.peercoin.net/whitepaper

Re:Minimum Viable Block Chain by bjitty on Monday May 05, 2014 @02:09PM (#7700102)
Thank you! I can't believe I missed it and didn't think to check for a white paper for this. Especially since that's what really cleared up bitcoin's proof of work blockchain to me.