Post
Topic
Board Speculation
Re: Bitcoin trades the inequity of dynastic power for the inequity of early adoption
by
myrkul
on 13/04/2013, 20:25:02 UTC
Those calculations are how the network works, chief, and you can't get rid of them.

It turns out that's not really true. The calculations are pretty pointless now. Except as a really expensive random number generator.

No calculations, no network. No block generation. No transactions. No Bitcoin.

We can do it with fewer, easier calculations, but not none.