You taste the cow, it tastes you back 🤤
You taste the cow, it tastes you back 🤤
Minimum technical knowledge indeed. Just not in the direction you are saying.
Bitcoin is not a repo. It’s a protocol, like TCP / UDP. You are probably thinking of the Bitcoin core client. It can be written in Node or Python if you want.
I’ve read the whitepaper, all the source code for Core, and built lightning mainnet applications.
Re: 51% attacks, yes they have happened, but as I noted above, the expense of running them is more than the gains. Because of PoW.
Re: real-world applications: Africa and other unbanked areas use BTC regularly. Citizens of countries with high inflation too.
Re: destroying the planet: many of the successful Bitcoin miners run on excess energy that would otherwise be wasted. Nuclear / hydro plants have excess energy as they generally online large portions at a time, more than is needed for a specific time. You can think of Bitcoin mining as bringing forward the ROI on a new power plant before it reaches capacity.
Never secure? Maybe you and I have a different definition of secure. Billions are currently secured in BTC, and have been for years.
Crowdstrike is an argument against your point - single point of failure and too much power in one actor.
Please send me the example you mentioned about Bitcoin’s PoW being “split by cloud” - not sure what that means.
Attacking a PoW system costs more than a bad actor would receive in reward for attacking the system.
There’s good book I can recommend that you might enjoy as a programmer if you want to learn more about this: Mastering Bitcoin by Andreas Antonopolis. He is a Greek CS nerd who got into it during the Greek financial crisis and explains this all very well.
It’s strange to me to be a professional programmer and have no interest in highly secure programmable money and distributed systems for consensus, but you do you. I am not here to change your mind.
PoW is necessary to financially disincentivize attacks on the network.
Programmable money can achieve everything a bank does and more. Imagine automations that have their own wallets and can pay people (or other bots) to do things.
BTC can use the same amount of energy it does now and process every transaction that tradfi does. Aka it’s more efficient than the legacy system it will replace
If you’re in these comments saying Bitcoin is a waste of energy resources, come prepared with the amount of energy traditional finance uses. How many banks have big empty buildings in downtown that keep their lights on all night? Security trucks to transport cash, etc.
What the Fediverse has done for social media, Bitcoin does for money.
This would probably run on a a6000 right?
Edit: nope I think I’m off by an order of magnitude
Still here, still posting nudes
Worked for cops, teachers, and iron workers
No talk of issues or positions here. Just “her sex and skin color.” Maybe that will get some people out to vote, but they did the same thing for Hillary and it did not work. “First woman president, she deserves it”
It’s weird to me that people on Lemmy are so anti ML. If you aren’t impressed, you haven’t used it enough. “Oh it’s not 100% perfect,” well yeah who cares? You should partner it with a human to supervise it anyway. 1 human can supervise many ML partners
How much is a Mina in pounds?
U mad bro?