It exists and it’s called “proof of stake”, see Cardano and ETH2 for example.
The pros and cons are debatable but the technology is interesting. If you want to know more I recommend the Ouroboros whitepapers by IOHK.
The pros and cons are debatable but the technology is interesting. If you want to know more I recommend the Ouroboros whitepapers by IOHK.
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