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RE: My First Reaction To HardFork 20, "Velocity" - Proposing Mining via Proof of Burn and Proof of Transaction
Its sounds really hard finding a fair way of creating steem accounts. Having the person thats serious abut steem mining or buying a token first sounds a good way to prevent spam accounts. I have seen on bitcoin talk some browser mining to eliminate the barrier or technical requirements but im not sure if any are real projects.
Proof of Burn is by far the most affordable mining algorithm I know of.