evolvingviews.com

eplt tech blog

Not saying that decentralisation is all bad. But do we really need thousands of copies of all the transaction data around? That’s petabytes of storage, with lots of bandwidth wasted too. #bitcoin #crypto markets.businessinsider.com/news/currencie…

Not saying that decentralisation is all bad. But do we really need thousands of copies of all the transaction data around? That’s petabytes of storage, with lots of bandwidth wasted…

Continue reading
0 Comments

#Bitcoin is only “valuable” because the next guy wants to buy it, there is no underlying asset to back the value. That’s one of #crypto key selling point, decentralisation. Taking “We promise to pay…” to the next level. fair.org/home/the-entir…

#Bitcoin is only “valuable” because the next guy wants to buy it, there is no underlying asset to back the value. That’s one of #crypto key selling point, decentralisation. Taking…

Continue reading
0 Comments

If they can break 256-bit #encryption, cracking #bitcoin is not the biggest problem we have. The whole digital economy or just economy might collapse, with no trusted transactions online. techradar.com/news/quantum-c…

If they can break 256-bit #encryption, cracking #bitcoin is not the biggest problem we have. The whole digital economy or just economy might collapse, with no trusted transactions online. techradar.com/news/quantum-c…

Continue reading
0 Comments