161–170 of 232 posts
I think people have largely missed the point of the article. This is specifically in relation to a "magic hash" on a block that was mined on June 19, 2018 with the hash: 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a The leading zeros are the "proof-of-work". The bitcoin mining algorithm tries various nonces and generates many hashes until it finds one with (currently) 18 leading zeros. Surprisingly…
I think people have largely missed the point of the article. This is specifically in relation to a "magic hash" on a block that was mined on June 19, 2018 with the hash: 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a The leading zeros are the "proof-of-work". The bitcoin mining algorithm tries various nonces and generates many hashes until it finds one with (currently) 18 leading zeros. Surprisingly…
In this type of scenario (be it bitcoin hashes, serial numbers elsewhere, etc), the real question is how many possible "vanity" hashes exist. The odds of this specific one are not interesting, it's the space of all of them that is. It's pretty much always infeasible to enumerate that space, but generally speaking there are a looooot of things that could qualify as special-looking enough to be included. All forms of e…
When I first got into bitcoin I thought it could be a wonderful alternative to the current monetary system, I especially hoped it would be more equitably shares. Unfortunately it’s turned out to be as unequally shared as our current wealth is, if not more. Perhaps some kind of coin where everybody in the world is issued the same amount or something.
Bitcoin isn't magic beans, it has been successful due to these people that you're (implicitly) chastising.
can someone name one successful startup that actually utilizes the blockchain to do something they couldnt have done without?
can someone name one successful startup that actually utilizes the blockchain to do something they couldnt have done without?
Earlier quoted context omitted.
In this type of scenario (be it bitcoin hashes, serial numbers elsewhere, etc), the real question is how many possible "vanity" hashes exist. The odds of this specific one are not interesting, it's the space of all of them that is. It's pretty much always infeasible to enumerate that space, but generally speaking there are a looooot of things that could qualify as special-looking enough to be included. All forms of e…
My kids used to celebrate "holimoments" (after the pattern of "holiday"). These were occasions when they'd look at the digital clock on the microwave and see something that didn't quite look random, like "10:01" or "12:34". They had a little ceremony when they saw one of these, pretending to take pictures with an invisible camera and doing a dance which involved wiggling their butts (because butts are always funny).…
I have obsessive compulsive disorder, so unfortunately these cosmic peccadillos really throw my brain for a loop!
Earlier quoted context omitted.
Maybe it’s because I’m European, but 8 years ago I could buy coffee with crypto in both Copenhagen and Berlin and today I can’t.
This, retailers don't even want to support Apple Pay because of its transaction fees. If there is already a almost free and efficient payment system that everyone is happy with and is used by 99% of the population why bother with anything new that IS NOT SUPERIOR TO WHAT YOU ALREADY HAVE? I simply don't know what problem BTC was supposed to solve.
Earlier quoted context omitted.
Blockchains aren't searching for a reason to exist either. Decentralized currencies/conmodities not controlled by any single entity are an obviously useful thing.
> Decentralized currencies/conmodities not controlled by any single entity are an obviously useful thing Obviously useful things have obvious uses.
I think people have largely missed the point of the article. This is specifically in relation to a "magic hash" on a block that was mined on June 19, 2018 with the hash: 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a The leading zeros are the "proof-of-work". The bitcoin mining algorithm tries various nonces and generates many hashes until it finds one with (currently) 18 leading zeros. Surprisingly…
Is it me or does it seem like this kind of stuff is everywhere now? Maybe I just consume lots of crazy people media.