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Showing 17 of 17 results by hornbill
Welcome welcome!
I'm also a newcomer and have learnt a lot from this forum just in the past few months.
Literally just came across with this from another thread, I myself only just started reading some of them since the amount is huge. Glad I can share it with someone like me so soon tho:
https://bitcointalk.org/index.php?topic=4322078.0
Hope you have a lot good read, and good day
I'm also a newcomer and have learnt a lot from this forum just in the past few months.
Literally just came across with this from another thread, I myself only just started reading some of them since the amount is huge. Glad I can share it with someone like me so soon tho:
https://bitcointalk.org/index.php?topic=4322078.0
Hope you have a lot good read, and good day
Re: Satoshi's own short summary is a great TL:DR of what Bitcoin is
This forum is also an amazing place to collect more informal out the beginnings of bitcoin, as this forum is part of bitcoin history.
This thread is an interesting summary as well.
https://bitcointalk.org/index.php?topic=4322078.0
This thread is an interesting summary as well.
https://bitcointalk.org/index.php?topic=4322078.0
I've been reading and trying to understand the various aspects of Bitcoin in the last few weeks.
Though I had seen the original whitepaper when I started down the rabbithole, I saw Satoshi's own short summary for the earliest newsgroups today. (source https://satoshi.nakamotoinstitute.org/emails/cryptography/1/)
It could be helpful to beginners as a good TL:DR
Next is the Abstract which fleshes out more technical details and finally the link to whitepaper:
Guy was a very clear thinker and writer
Though I had seen the original whitepaper when I started down the rabbithole, I saw Satoshi's own short summary for the earliest newsgroups today. (source https://satoshi.nakamotoinstitute.org/emails/cryptography/1/)
It could be helpful to beginners as a good TL:DR
Quote
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.
The main properties:
Double-spending is prevented with a peer-to-peer network.
No mint or other trusted parties.
Participants can be anonymous.
New coins are made from Hashcash style proof-of-work.
The proof-of-work for new coin generation also powers the network to prevent double-spending.
The main properties:
Double-spending is prevented with a peer-to-peer network.
No mint or other trusted parties.
Participants can be anonymous.
New coins are made from Hashcash style proof-of-work.
The proof-of-work for new coin generation also powers the network to prevent double-spending.
Next is the Abstract which fleshes out more technical details and finally the link to whitepaper:
Quote
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the burdens of going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as honest nodes control the most CPU power on the network, they can generate the longest chain and outpace any attackers. The network itself requires minimal structure. Messages are broadcasted on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Full paper at: http://www.bitcoin.org/bitcoin.pdf
Satoshi Nakamoto
Full paper at: http://www.bitcoin.org/bitcoin.pdf
Satoshi Nakamoto
Guy was a very clear thinker and writer
For a newcomer as me and new to crypto, reading is all what I can do at the moment.
Luckily my new job/role gave me this opportunity of learning. Before, I didn't know there are so many ppl out there know these two words, Satoshi and bitcoin, but that is all.
I'm glad my limited knowledge now can explain better and help others to understand better.
Thanks for sharing!
Making profits in any existing way to make with cryptos.
Real crypto investors will be hodling for longer and one who want to make profits in quick time be as trader.
Casino or gambling not the right way to do.
Agreed.
Casino or gambling is not most real crypto investors go for, casual playing only maybe. Gambling and such still has its market for speculators who dream to make huge profit overnite tho.
Re: Mobile Banking vs. Traditional Banking - Which do you prefer?
Personally, I prefer mobile banking bue to how convenient it is. Via mobile, international transactions can be done in secs, change personal info..,etc. But both mobile and traditional banking have advantages and disadvantages which makes combining both a much sensible idea. For example, renewing your card on mobile but collect it from your nearest bank branch. In my opinion, it feels a bit safer.
I can also imagine one day no one's using an actual card, so the mobile banking or e-Wallet is deffo gonna take over.
I can also imagine one day no one's using an actual card, so the mobile banking or e-Wallet is deffo gonna take over.
I once had an idea to make mountain pins for hikers. Like a list of their achievement.
As for hikers, we kinda memorise the shape of each peak we conquered. So thought it'd be worth collecting actually.
But never manage to put into work and make it happen. lol
As for hikers, we kinda memorise the shape of each peak we conquered. So thought it'd be worth collecting actually.
But never manage to put into work and make it happen. lol
Re: Anyone playing here an e-lottery / e-gambling / e-casino / e-games
E-games are not to be trusted, they change betting odds as they see fit,
Decentralized/crypto platforms are a good place to start, if their code is fully reviewed, none of the game mechanics can be changed, hence you can find more fairness here
You can find some here
https://dappradar.com/
https://dapp.review/
Decentralized/crypto platforms are a good place to start, if their code is fully reviewed, none of the game mechanics can be changed, hence you can find more fairness here
You can find some here
https://dappradar.com/
https://dapp.review/
Not really. There are many casinos I know that have Provably Fair mechanism in place so bets cannot be altered by the server. And a handful have started using BTC recently.
Do you mind to share one or two with us??
Always thought the same that it can be easily altered, quite curious about which ones you're talking about.
I am not sure if i got your question correctly, do you want a video game that features a movie or just a movie or video game?
One of the most powerful movies that I have watched is Chernobyl. It created me amazing feelings and I felt like I am living in the past and be part of this history. Totally recommended.
One of the most powerful movies that I have watched is Chernobyl. It created me amazing feelings and I felt like I am living in the past and be part of this history. Totally recommended.
Chernobyl is a series which everyone should watch, no matter what. I watched it twice and I was just like 'wow'
Chernobyl +1
Was introduced by a friend.
The fact that it was an actual event in history made me extremely emotional and had such tight, heavy feeling in my chest all along when watching it.
Highly recommended.
Re: [ANN] Cartesi - A Layer-2 Linux Infrastructure for DApps
Really interesting project, I am familiar with Truebit and I see that you are bringing a full Linux OS to the table instead.
Could you explain the differences?
Could you explain the differences?
In my opinion the best crypto gift is a paper wallet with some crypto inside.
You will push the person who takes the gift to get involved to the ecosystem and try to understand his/her gift. It is a good way to increase mass adoption and raise crypto awareness.
You will push the person who takes the gift to get involved to the ecosystem and try to understand his/her gift. It is a good way to increase mass adoption and raise crypto awareness.
Paper wallet will make a good Xmas present!
I have hard time explaining and persuading my close ones who have never heard of crypto shit to get to know this world a bit.
With the actual thing in their hands I guess they kinda have a reason to lol
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A like is more of a personal Boolean factor, where as a merit is probably a more multifactor type element (i.e. effort and/or well versed/argued and/or informative and/or novel and/or mind racketing and/or etc.), and not always awarded because you "like" the post itself.Note: Likes are also rather banal; merits require in principal a bit more effort to be obtained.
Good point.
Then I see why some may think certain posts do not worth more than 30+ merits.
Thanks a lot for the explanation.
Post are not suppose to be merit more than 2-5 depends on how helpful and relevant the post.
actually there supposed to be no rules for how much merit you give away, it is your spendable merit and you can use it however you like.
People make good post that deserves to be merited but once you come across such post that normally you think it need to be merit but occasionally the post already has a good merit I think no need to add more to it
let me ask you this: when you go on reddit for example and see a post that has a bunch of upvotes, won't you upvote it just because it already has some upvote or will you do it despite that?that the same with merit. when 10, 20 different users give merit to a post they are showing that they have found the post useful and the amount of merit they give it shows how much they think it was useful.
Couldn't agree with you more.
I joined and started reading stuffs on this forum simply because I thought it's a great place to start and learn something about my new job which relates to cryptocurrency.
Although I know it allows users to access to many other feature etc. Never see the point of chasing merits also cannot understand why on earth someone cares about how to give/take it in any particular way.
Thought it is just LIKEs as many other platforms. If the posts/replies are good then ppl tell them they like it as semi-reward, right? And a bad one or spam will be reported and taken off anyway.
If I misinterpreted the point of this merits system, please do tell me tho.
Never happen.
Getting aggressive from not eating meat.
The same here! Getting aggressive from not eating meat.
A meal without, okay, will survive.
But deffo not all day. It's like not having a meal which makes me hangry.
I think the next big thing is Artificial Intelligent , Wher Robots get better than humans and win the war .
Agree on that.
It is also being talked about for years but still making progress. I reckon it will take off in another few years.
Re: Where is Bitcoin used as store of value, other than the core community?
Japan must be a representative place, having fully developed regulation, insurance of hacking (lots personal experiences, haha), payment system for daily consuming goods.
Venezuela and Zimbabwe may be too poor to store Bitcoin. I am pretty sure some people, organizations may already hold Bitcoin as gold rather than other financial products in Japan.
Venezuela and Zimbabwe may be too poor to store Bitcoin. I am pretty sure some people, organizations may already hold Bitcoin as gold rather than other financial products in Japan.