CRNov 4, 2014
The Decrits Consensus Algorithm: Decentralized Agreement without Proof of WorkRyan Pfeiffer
Decrits is a cryptocurrency in development that makes use of a novel consensus algorithm that does not require proof-of-work. This paper describes how the Decrits Consensus Algorithm (DCA) is as trustless as a proof-of-work algorithm while offering superior transaction security at virtually no cost.