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Title: * Post by: MCStannard on July 25, 2013, 05:56:35 PM *
Title: Re: Money Is the Perceived Value of Energy Post by: wasthatawolf on July 26, 2013, 01:24:04 AM I don't think incentives are aligned for that model to work.
Linking increasing volume to increasing fees would encourage people to keep transactions off the block chain. Likewise, an increasing volume causing a decrease in block reward would discourage mining the more popular the currency becomes. Title: Re: Money Is the Perceived Value of Energy Post by: herzmeister on July 26, 2013, 12:18:08 PM how much joule is an hour of programming? ???
Title: Re: Money Is the Perceived Value of Energy Post by: Ekaros on July 27, 2013, 10:18:47 AM how much joule is an hour of programming? ??? 0.0053~ seconds That is for daily energy consumption of programmer, with 8 hours of work. Then there is needed hardware, living space, training, upkeep cost and so on. Title: Re: Money Is the Perceived Value of Energy Post by: Adrian-x on August 02, 2013, 06:57:05 PM FTFU
Money Is the Perceived Value of |