Some thoughts on PoW vs PoS
Link: https://stacker.news/items/11532
Comments:
#StackerNews is like Hacker News but it pays you #Bitcoin
Faith in the Dollar Fading, Hillary, Trump Fear Bitcoin, More FUD | Simply Bitcoin | EP393 https://bitcointv.com/videos/watch/a37766b0-568b-4e99-b071-aa9f1edfb92c
A good leader would ban this sort of stuff.
QT https://twitter.com/lukeweston/status/1474666354976329728
What the fresh hell is this?
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🚨 bdk 0.15.0 is now out just in time for Christmas 🎄 ! Most of the changes are under the hood, primarily a restructure of the electrum/esplora sync logic.
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The only use case for #blockchain is digital money: #Bitcoin.
Historical #BTC prices for Dec 21st
2021 - $48717
2020 - $22753
2019 - $7145
2018 - $3963
2017 - $15707
2016 - $819
2015 - $439
2014 - $329
2013 - $600
2012 - $13
2011 - $4.38
2010 - $0.25
Ranting about ASIC resistance
But for an ASIC resistant chain, an actor pulling off the same attack would be able to resell their hardware, reducing the overall cost of the attack. ASICs are necessary to secure a large amount of value. Exactly what that amount of value is has yet to be seen, but as the ASIC resistant coins gain in value, the payout to attack them increases as well.
Great article here: https://medium.com/hackernoon/asic-resistance-is-nothing-but-a-blockchain-buzzword-b91d3d770366