Bitman on Nostr: Computational processing power increased by 3440% from 2015 to 2023, yet many people ...
Computational processing power increased by 3440% from 2015 to 2023, yet many people who don't understand proof-of-work fail to see its connection to Bitcoin.
In a network derived from computational power, the growth of its security is directly linked to the advancement of human technology.
This doesn't happen in proof-of-stake networks, where security is tied to how much new fiat currency is allocated.
PoS = Piece of shit.
Published at
2024-09-23 12:51:37Event JSON
{
"id": "4b3aa11f275b64e0ca0faacdb94866e2068b8cf6d40061167c927a934f0bbd56",
"pubkey": "129f51895d12ab3c9cdc26cb22bdbb9de918e5f1cff98943f3860ef53a441803",
"created_at": 1727095897,
"kind": 1,
"tags": [],
"content": "Computational processing power increased by 3440% from 2015 to 2023, yet many people who don't understand proof-of-work fail to see its connection to Bitcoin.\n\nIn a network derived from computational power, the growth of its security is directly linked to the advancement of human technology.\n\nThis doesn't happen in proof-of-stake networks, where security is tied to how much new fiat currency is allocated.\n\nPoS = Piece of shit.\n\nhttps://image.nostr.build/ea4861a132f9e1140a1107b5239e1193305f3a59fecccb2a5cadcfc4156c816e.jpg",
"sig": "c5d06052a4856258921b52618f09dbb67931b7f91e17b3ce3a6ccad7d691567d9f7999e7ff56ebe282a048e7e260808612bb7c4e05840f9fce7bd00ff0f1702a"
}
