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Proof of Association, an elegant consensus mechanism

contenthub.coil.com
5 pointsaserafini3 comments
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Very good explanation of Federated Byzantine Agreement.

someone is going to havea bad time when they hear about spammers.

or when they hear about the inability of the common people to manage private keys.

either way.

There is a burn "fee" attached to each transaction and it exponentially grows with increased number of transaction you send. This means intended usage is cheap basically free. Spamming any relevant amount of transactions would cost thousands of dollar per second.

They are not targeting "common people". It also support multi-sign and key change so its quite flexible.

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