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Economy / Economics / Re: Slippery Slope's Million Dollar Logistic Model
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on: January 15, 2014, 02:15:35 PM
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The energy expenditure would be distributed throughout the world. Also it would be necessary to support such a large network.
I would think that the network would save energy in comparison with the current system.
Agreed, and I believe that to forestall action by efficiency-minded governments, the bitcoin proof-of-work mining algorithm could be re-engineered to save electricity. One naive notion I have is that a finite number of digital medallions could be sold by consensus miners which entitle the bearer to mine bitcoins. Or jurisdictions could forbid or otherwise restrict mining, e.g. no mining anywhere electric power is government subsidized, or mine off-peak hours only. I agree that the "waste" of electricity will come to a head at some point. Did you see more and more places won't even let you warm-up your car? It's getting ridiculous. Not sure how they will police this - mandatory inspections if you use over a certain amount maybe? |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Unobtanium: Updated 0.9.2 Build Available NOW + Faucet Fixed!
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on: January 13, 2014, 02:37:11 PM
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Unobtanium isn't for morons, it's for the elite pro.
We have a lot of talented people all coming together on this project. We are taking this open-source crypto to the next level. At the very least you guys will have some cutting edge services to abuse.
All of our services will be pure like rockchain.info no advertising on Unobtanium.
When you buy UNOs you know you are buying the best, and investing in killer new products with great design.
Yes, but if you want the price to rise, you need mass adoption ultimately. |
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