[Cryptography] Montana: A Post-Quantum Blockchain with Time as Scarcity

[Pierre Abbat]

On Friday, May 22, 2026 6:32:14 AM EDT Alejandro Montana via cryptography 
wrote:
> You’re right that “lost” is circular, and right that an assumption holding
> for a long time isn’t the same as it holding necessarily - a long-dormant
> block is “lost” only until the day it moves. I’d just note this cuts in
> Montana’s favor rather than against it, because the design never leans on
> lost coins as a source of scarcity.

A lost coin is one whose secret key the owner no longer has (it was on a 
failed disk, he's forgotten the password, he's died and his heirs can't make 
sense of the instructions in his will, autc.). A coin that has sat for years 
in the same account, for which the owner still remembers the key, is not lost, 
it's saved.

Pierre
-- 
The Black Garden on the Mountain is not on the Black Mountain.