More / Bitcoin Reddit - 3 years ago
You have to invest a valuable, scarce resource in a trustless way to contribute to the blockchain, and he saw no other way (and neither do I). Also, the more energy the bitcoin network uses, the more expensive it is to attack. Consider how much is sp...
More / Bitcoin Reddit - 3 years ago
https://twitter.com/bit_maniak/status/1393560198170750982 submitted by /u/j4kz [link] [comments]
More / Etherum Reddit - 3 years ago
Dear all, many times people have concerns regarding centralisation via the PoS mechanism. I noticed that 'what-about-ism' argumentation is often used to handle this, meaning that under a PoW regime like in Bitcoin, only the big mining farms a...
More / Bitcoin Reddit - 3 years ago
Some huge percentage of energy produced is wasted. This article from 2018 says 68% of energy in the US is rejected. https://www.weforum.org/agenda/2018/05/visualizing-u-s-energy-consumption-in-one-chart#:~:text=Energy%20wasted,gets%20wasted%20through...
by COINS NEWS - 3 years ago
I am happy more people are buying cryptos. I don’t care if it’s Bitcoin, ETH, Doge, or whatever. People will buy what they want to buy and the risk is on them. Im seeing so many Elon hating posts and it’s really annoying. Back when Elon was repping B...
More / Bitcoin Reddit - 3 years ago
We’ve been hoodwinked by Elon and we are going right back up to 58k Second Phase of Bull starts now. submitted by /u/davewolfs [link] [comments]
by COINS NEWS - 3 years ago
There are reasons why the best selling car in 2020 is a Toyota Corolla; the best selling shoe is Nike's Air Force 1 that uses a tech dated back in 1982; the best selling smartphone is of a Samsung brand; and why world's most traded currency i...
More / Bitcoin Reddit - 3 years ago
"Wealth is commonly centralized. And with PoS it is rule by the elite rich. There are many ways in which wealth is or can be centralized. Such as early adapters, thieves who steal from others by force (this also includes organizations like the U...
More / Bitcoin Reddit - 3 years ago
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...
by COINS NEWS - 3 years ago
Hi Friends. Tired of Elon? You’re not alone. 97.55% of people in this sub are tired of that man according to a non-existent poll. Plenty of Elon posts are indeed relevant to Crypto, of course. But, what if we all took one day off from hearing his nam...
by COINS NEWS - 3 years ago
For anyone who read my last post on ETH, you may have noticed i hold equal amounts ETH and LINK. and I did receive some questions about it. For us LINK bulls, we have been waiting a long time for Chainlink to finally complete the infinity gauntlet an...
by COINS NEWS - 3 years ago
Hey there! So earlier today i made a post in which i combined the top cryptocurrencies whitepaper's into a word cloud. I soon realized how fun and interesting it actually was, so i decided to go further I gathered the top 10 currencies by...
More / Etherum Reddit - 3 years ago
I’ve just been introduced to the concept of decentralized marketplaces. Im confused about how a transaction can verify that product has been successfully received by the buyer. For example, buyer purchases a physical item from seller. Crypto is sent...
by COINS NEWS - 3 years ago
I just wanted to take a moment to highlight Kraken as an exchange. They have been one of the most reliable, transparent, customer centered exchanges that I have had the pleasure of using over the years. This bull market has really made me cautious of...
More / Etherum Reddit - 3 years ago
I have invested in Ethereum assuming that if lots of projects that are built around ERC-20 tokens succeed, that this is good for ETH and the price of ETH, but is this really true? I suspect that there is going to be some correlation over the long ter...
by COINS NEWS - 3 years ago
Here’s a short quote from an article recently released by the guardian: “In the case of cobalt, 60% of the world’s supply comes from the Democratic Republic of the Congo where large numbers of unregulated mines use children as young as seven as miner...
More / Etherum Reddit - 3 years ago
Hi guys, This post is mainly asking advice and wondering about how to approach my current situation. I've scratched the surface of etheruem and was convinced that this is an amazing new innovation that I wanted to add to my personal iOS app with...