Foxpup
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Vile Vixen and Miss Bitcointalk 2021-2023
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April 08, 2013, 01:11:47 PM |
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Miners gain because they get paid to do the calculations. Everybody else gains because these calculations are used to secure the blockchain, without which Bitcoin would be worthless. The blockchain is the ledger of all Bitcoin transactions, and cannot be altered without completely redoing all the calculations used to produce it, which is impossible unless your have more computing power than the rest of the network combined. Due to the massive amount of computing power involved, this is, for all intents and purposes, completely infeasible.
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