FlutterCoin – A Peer to Peer Electronic Currency with Proof of Transaction Whitepaper

FlutterCoin - A Peer to Peer Electronic Currency with Proof of Transaction Whitepaper

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One of the descendants of Bitcoin, Fluttercoin sets itself apart as the first crypto-currency to provide transactions as a proof of participation. Proof-oftransaction adds an additional layer of blockchain and transactional security by allowing economic participants to prove they were involved in a transaction. This system verifies the coinbase of every proof-of-work block, and validity of a proof-of-transaction reward or lack thereof. The result, secures the blockchain as all unmodified nodes will reject invalid blocks that should or shouldn’t have included a proof-of-transaction rewards.