@bitcoinfool Asset all day.
That being said, it’s more interesting to learn about the network than trying to speculate on short term price.
But the 21M scarce bitcoin are the only assets I care about on the network.
.@elonmusk could buy 9% of Twitter and influence the algo
Elon musk could buy 9% of a POS crypto and influence the consensus
Elon musk could buy 9% of #bitcoin mining equipment and.. he’d still have to follow the rules set by the node you’re running on your $300 raspberry pi
Learning Finite Fields is like eating your vegetables.
If you want to grow up to be a big strong #Bitcoin developer, you’ll need to know the math behind the cryptography
Luckily there’s a 6 minute video packed with fun animations you can watch at 2x speed.
3 minutes of veggys
@corndalorian@callebtc@Strike Not necessarily, unless you consider putting engineering effort towards fiat on lightning vs developing bolt 12 a form of preclusion
@wiseoldguy@jerrybrito How was the math problem solved? It used energy
The computer put in one form of energy (electricity) and converted it to another (heat)
The computer did work.
The correct hash is the proof of work. The proof the computer did work (converted energy)