The History
Revision 2024 06 05
The 2024 06 05 revision changed the PoW expression to
link large groups of reserve claiming PoW's into future reserve claiming PoW's.
January 2024
The whitepaper was mostly rewritten to eliminate the chain of blocks consensus architecture in favor of a causally consistent parallel asynchronous BFT-CRDT. This marked a huge evolution of the project and collectively the authors decided to spend another 6 months collecting feedback to improve the whitepaper.
December 2023
Rob, Rick, and the author team was not happy with architecture of Egalcoin based on a blockchain. Despite the principles and values used it wasn't an appropriate architecture for a monetary system. When we found Professor Kleppmann's research paper on BFT-CRDT's we knew that Egalcoin must evolve beyond chains of blocks.
July 14th, 2023
The first copy of the Egalcoin whitepaper draft was made public. It was decided to spend about 6 months collecting feedback and improving the whitepaper.
Spring 2023
During the spring it became necessary to begin formally writing a whitepaper for Egalcoin.