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Understanding Bitcoin mining was one of the first things that made me really grasp what an insane and brilliant system Bitcoin truly was... If you still think it's just some gamified ponzi scheme, I urge you to take a few minutes and watch this 👇
289,149 просмотров • 1 год назад •via X (Twitter)
Комментарии: 11
Also check out @bitkitwallet if you were curious about the wallet i mentioned at the end. One of my favorites for day to day and to onboard people to lightning.
Why is everyone talking about Bitcoin? Governments, Companies, your neighbors, your kids. What is it? We can help you Understand Bitcoin in a easy, convenient, thorough 1-on-1 overview.
Beautifully said, Guy! Particularly love the wall analogy.
Outstanding video. I sent this to a few family members who i have had trouble explaining btc to. This was very easy for them to understand.
That is an amazing explanation my friend... The bitcoin rabbit hole is truly never ending All it took for me was reading the whitepaper 13 years ago and my mind was blown Just like @saylor Just like @aantonop Sometimes it just clicks immediately Others have to spend five years chasing altcoin hype and nonsense before they finally realize what makes Bitcoin so amazing
Brilliant explanation of Bitcoin Mining. Thanks 🙏 @thegu
What a great video and all superb analogies. Tremendous work.
Quantum is a concern mind you and does make his analysis likely fleeting if changes are not made soon imho.
FYI quantum has little to do with mining. If it is able to mine more efficiently it doesn’t change the dynamics of how Bitcoin is secured. It will just raise the difficulty another order. The concern around quantum is based on the risk of signing and revealing keys. But I’ve yet to be convinced there is any clear and credible threat for a long time. However we do have a quantum signature scheme being discussed and developed for a backwards compatible upgrade, but there’s no reason to spend much time on it yet.
Great video Guy. Small correction when you said: "Every single participant on Earth running the Bitcoin system is rolling dice on the latest page in order to find a stamp that let's them add it to the history so that they can earn some Bitcoin." - Not true for non-mining nodes.
I'm aware, it just takes way too many sentences to try to specify layers and types of things you can do with the software and portions of it you can run by themselves. But originally the "bitcoin software" was jsut one thing. It was a full node with a button to mine. That's the easier way to explain it without unnecessary and complicating details.
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What scene made you ship jayvik? To me, it's definitely this one. I was genuinely surprised by how intimate and romantic it was, to the point that I truly thought Arcane would have two queer couples
divomria 🇺🇦
39,342 просмотров • 10 месяцев назад
