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Title: so bitcoin is made by electric power? Post by: cryptoproject on September 30, 2017, 09:34:28 PM Sorry for poor english and if this question is already asked.
Hi, a lot of conversations/topics about creation of bitcoin. - bitcoin made by solving complex math problems/hashes. - those problems are solved by miners/computers backed by power supply 24/7 - why the idea was to make bitcoin alive through computers connected with powers all day and night, making noise, producing heat. was there any obvious reason behind the bitcoin idea? like thousands of computers are alive 24/7 for years to make btc alive. it make sense that a lot of computers are alive to host websites, or to render 3d max files. or to render videos. why not only few computers/servers can solve those hashes and act as a centeral server like paypal or any other payment method. is there any jock behind the idea? Title: Re: so bitcoin is made by electric power? Post by: razzbee on September 30, 2017, 09:45:26 PM Let me ask you these questions:
1.Would you be comfortable if, me (anonymously) and maybe 3 others anonymous people process your payment transaction without any trace of who is behind it? 2.Do you know the number of central web servers, load balancers, database servers, backup servers ..... whatever servers they have (PayPal) in total not forgetting regional based servers ... Well to my understanding the idea behind bitcoin is simple, the existence of a fast, reliable, anonymous and safer way of paying for anything without the interference of any central processor. You see, these centralized payment gateways sometimes process your data to the government, its a matter of time big brother visits you when something goes wrong. Also, bitcoin provides job and helps reduces unemployment rate globally... |