[Asperities]

DDoSCoin, developed by Eric Wustrow and Benjamin VanderSloot from the University of Colorado Boulder and the University of Michigan, is a theoretical cryptocurrency that rewards a miner for opening a large number of TLS connections to target web servers.

The malicious proof-of-work (which the duo called "Proof-of-DDoS") model used by DDoSCoin miners functions only with websites that support TLS 1.2, and since over half of the top million websites support TLS 1.2 version of the protocol, it will be easy for miners to earn the reward.

Code:

"In modern versions of TLS, the server signs a client-provided parameter during the handshake, along with server-provided values used in the key exchange of the connection," the researchers wrote in the paper DDoSCoin: Cryptocurrency with a Malicious Proof-of-Work [PDF], allowing the client to prove that it has participated in the DDoS attack against the target server.

In this way, the new system will reward users who prove they have participated in a DDoS attack.
Miners with DDoSCoin blocks could then trade their cryptocurrencies for other, including Bitcoin and Ethereum, the researchers suggested.
The researchers presented their paper at the Usenix 2016 security conference, noting that Bitcoin's computationally intensive proof-of-DDoS "does not contribute to any useful problems besides securing the currency from attack."

Source: https://thehackernews.com/2016/08/ddosco...rency.html