Etχcoin: An Erc223 Token Mined Through Proof-of-Volatility.
15 Pages Posted:
Date Written: April 12, 2018
This paper introduces the underlying mechanics and interface for ETHDividends (ETX), an Ethereum ERC223-compliant cryptocurrency. The supply of ETX tokens is tied directly to the Ethereum balance of the smart contract underpinning the ‘ETXDividends’ decentralised application, and mined using a novel, generalisable technique we refer to as proof-of-volatility.
Keywords: Ethereum, Cryptocurrency, Blockchain, Volatility, Mining
JEL Classification: C00
Suggested Citation: Suggested Citation