Latest posts of: xyz_abc

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on: April 25, 2018, 12:27:01 PM

As an IT professional myself that's been working in the financial industry the last few years (card payments) I find cryptocurrencies very interesting, learning more and more every day and curious to see where it's going to be in the next few years. I started learning solidity and because I have experience programming I picked it up quite easily. There's still a lot of new concepts that one needs to get to grips with though.

on: April 24, 2018, 03:20:28 PM

Quote from: david roman on April 24, 2018, 02:50:09 PM I think ending world poverty is an overstatement. First of all, we can not end poverty as a whole, no matter plans we have, no matter what projects are launched it will still end up not solving the problem in all. But I still think that bitcoin can lessen the effect of poverty. There is some truth in this, the current monetary system favours the rich and hurts the poor. A Bitcoin or Crypto economy will be an improvement in my opinion

on: April 24, 2018, 02:40:39 PM

Quote from: bob123 on April 24, 2018, 02:15:39 PM Quote from: xyz_abc_def on April 24, 2018, 01:26:09 PM With ethereum moving towards Casper Proof of Stake you wonder if or when Bitcoin will follow suite. With the environmental impact and increasing cost of mining it's probably inevitable. Ether is still going to be mined. Mining describe the process of 'generating' new coins. PoW and PoS are just 'ways' to control the creation of new coins. Even after PoS being implemented, coins are going to be mined. It just doesn't require work anymore (which does require electricity) but staking coins. Quote from: TheQuin on April 24, 2018, 01:00:39 PM Quote from: Anti-Cen on April 24, 2018, 12:51:40 PM Well if they are not mining coins and rely on fees then should we not just rename them to something more appropriate like "Bankers" to save all the confusion. Because charging fees alone doesn't make something a bank. You should know that by now with the number of times I've explained it to you. I'd highly recommend to press the ignore-button at the left side of his post. I literally did this 5 minutes ago, and already have the subjective impresson of the forum being 'cleaner' regarding shitposts and a rapid growth in IQ-average here. Yes staking instead of work, sorry I should have been clearer

on: April 24, 2018, 02:22:13 PM

If you have a couple of Raspberry Pi's that you never go online with store it there. Preferably on more than one device so if one device fails you have a backup

on: April 24, 2018, 01:26:09 PM

With ethereum moving towards Casper Proof of Stake you wonder if or when Bitcoin will follow suite. With the environmental impact and increasing cost of mining it's probably inevitable.

on: April 24, 2018, 12:39:45 PM

Quote from: joter85 on June 02, 2015, 12:03:29 PM Best thing would be to setup a PC to use only for Bitcoin transactions? I would setup a linux machine and run Clam AV on it

on: April 24, 2018, 11:35:53 AM

Quote from: jerowacik on April 17, 2018, 10:13:08 AM Experts say bitcoin is becoming too mainstream, and therefore too risky, for criminals, so they're switching to more obscure cryptocurrencies Yep criminals are moving towards Monero which is designed to avoid tracking

on: April 24, 2018, 11:23:36 AM

I think he just wants to be anonymous, I mean I would

on: April 24, 2018, 11:12:17 AM

No you can't end governments, Bitcoin and cryptocurrency in general were created initially so that we can eventually move away from our current financial system (which let's face it will inevitably crash).

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