(link to hackernoon) Do you know who the major players are in the crypto space right now?

"fat fish"

basically people who HAD money and could afford high level miners and high volume trading on exchanges

the next-gen will have to go ahab or be stuck with the next gen microsoft, google, apple and fudbook

https://hackernoon.com/institutional-investors-want-to-get-in-on-cryptocurrencies-but-theyre-stuck-on-the-sidelines-26e05f9e3725


(image from respective site)

#justread if you want to live on planet Crypton

well keep in mind :

if theres 10,5 trillion dollar in the world (do correct me if i'm wrong, i'm not really good with numbers) and the original btc wouldnt have been copied about half as many times by now (figure of speech) the potential would be at a max 21000000 barring total entropy and lack and slack (meaning statistically over time since you can't get back what you lost the key to) they would ALL stay accessible you would need 1 BTC to equal about 1.000.000 (a million or a kk in l33Tsp34K) to surpass the value of all dollar in the world
so start printing FED
that's counting only the original #churchofsatoshi application , its kinda hard to see through the ICO-storm atm

money is a funny thing, isn't it ?


well, basically BTC WAS the original *app*lication of the blockchain , bitcoin was NOT the invention, even after more than ten years i stand aghast (i love that word) at how little people understand, even those who are making millions by applying it at this very moment, im not even talking fat fish who got fat mining and trading simply because they could afford it

daddy money does not get you respect but you'll get a lot of leeches trying to suck teh dikc


ah yes, i said before you can re-stream a whole blockchain , and i stick to my guns, you need to re-"mine" it but you can simply do it

if you get majority ?

how long would it take to re-stream a whole chain at low diff ? does it HAVE to increase over time ? how long would it take to re-stream a few gigabytes with connecting hashes into a new one with some fields turned to zero and others altered and most left alone

how long ?

not "it cant be done" because it can be done

how long would it take ?

the safety lies in the fact that two adjacent "blocks" are connected by unique hashes and you can't change that

but you can if you re-stream it, you can take ALL data, and re-stream it

technically it's not that hard, thats why DECENTRALIZATION IS THE ESSENCE OF THE GAME

3.png

the old story about the unhackable object meeting the next-gen force

https://www.futurity.org/memristor-chip-cybersecurity-1756132/

or simply the guy who understands running into the guys who have the means

like memristors relying on numerical superiority , somewhat like strength in vast numbers

means more computing power gets it anyway

the chain is only safe

without a central authority

thats the legacy

right there


well imagine von neumann had taken his idea to shares and you bought one back then https://en.wikipedia.org/wiki/Von_Neumann_architecture cos thats about the potential i think
ofcourse there is no coding after sunrise, thats not how it works, but it DOES wear me out though, all the anti magic potions to prevent your daylight rythm from infecting my system (which always worked until you interfered) take their toll, i'm worn out and spread too thin *like not enough butter on too much bread*
H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center