Post
Topic
Board Bitcoin Discussion
Re: relativistic effects on bitcoin
by
FreeMoney
on 02/10/2013, 02:11:48 UTC
Each planet could have its own crypto currency. They could be sold on interplanetary exchanges using quantum entanglement to communicate instantly.

Planets may need their own currencies, but if instant communications are possible then I don't see why they would, they'd be better connected than nodes are right now.

Actually the idea of a separate chain on other planets seems shaky to me. If miners on some planet are a lot faster or more efficient which seems likely then they can double spend or otherwise hassle the lesser for only a the one time fixed time cost of transporting the work. Maybe the lesser ought just accept a delay and/or use processors who settle on the greater planets chain. That should be workable, but I bet something smarter than that arrangement gets invented.