id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
bitcoinmagazine-com-8352		What Proof of Stake Is And Why It Matters - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides			.html	text/html	3008	179	68	Indeed, the first digital property that could possibly work with an online proof of stake system is Bitcoin (and cryptocurrency in general) itself. When creating a proof-of-stake block, a miner needs to construct a "coinstake" transaction, sending some money in their possession to themselves as well as a preset reward (like an interest rate, similar to Bitcoin's 25 BTC block reward). An alternative approach might be to integrate proof of stake as a decentralized checkpointing system into Bitcoin itself; for example, one protocol might allow any coalition of people with at least 1 million BTC-years to consume their outputs to generate a checkpoint that the community would agree is a valid block, at the cost of sending their coins to themselves and consuming coin age.	./cache/bitcoinmagazine-com-8352.html	./txt/bitcoinmagazine-com-8352.txt