My 2008 dissertation in law starting to make sense now?
Read it carefully. See IP2IP as the source of what bitcoin is really about. Read the payment intermediary section on sending cash without trust carefully.
Read page 28.
Proof of Work means nodes are *not* judgement proof. They can be located and they have assets that can be sequestered and seized.
Miners (nodes) are the solution to crime. A decentralized system that allows regulators to target the largest parties.
And, law ALWAYS catches up eventually.
Hash rate does not secure anything. More hash is not more secure. Once you are large enough, hash is not important unless you are a node as it determines your earnings.
PoW allows nodes to be found, to ensure that no small nodes exist. PoW is about killing Raspberry pi and UASF.
PoW is a signal. Hashes have never bern a security tool. They are at most, a component of a security protocol.
Miners do not solve hashes.
Miners validate and order transactions
CSW
mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583425981182900?thread_ts=1583425981.182900&cid=C5131HKFX
https://t.me/CSW_Slack/2331
Read it carefully. See IP2IP as the source of what bitcoin is really about. Read the payment intermediary section on sending cash without trust carefully.
Read page 28.
Proof of Work means nodes are *not* judgement proof. They can be located and they have assets that can be sequestered and seized.
Miners (nodes) are the solution to crime. A decentralized system that allows regulators to target the largest parties.
And, law ALWAYS catches up eventually.
Hash rate does not secure anything. More hash is not more secure. Once you are large enough, hash is not important unless you are a node as it determines your earnings.
PoW allows nodes to be found, to ensure that no small nodes exist. PoW is about killing Raspberry pi and UASF.
PoW is a signal. Hashes have never bern a security tool. They are at most, a component of a security protocol.
Miners do not solve hashes.
Miners validate and order transactions
CSW
mar 5, 2020
https://metanet-icu.slack.com/archives/C5131HKFX/p1583425981182900?thread_ts=1583425981.182900&cid=C5131HKFX
https://t.me/CSW_Slack/2331
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