jl2012 (OP)
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March 08, 2013, 09:12:55 AM |
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I think the word "mining" does not really reflect the nature of the work. As we have moved to ASIC era, mining will become a more specialized activity and no longer a way to attract new users. To make it sounds more professional, I think we should rename it to "transaction validation"/"transaction processing", and miners to "transaction validators"/"transaction processors".
Any thought?
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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misterbigg
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March 08, 2013, 09:18:37 AM |
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How about "mining?"
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VeeMiner
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March 08, 2013, 09:25:00 AM |
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How about "mining?"
I concur
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malevolent
can into space
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March 08, 2013, 09:26:05 AM |
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How about ''accountants''?
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Signature space available for rent.
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herzmeister
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March 08, 2013, 11:31:35 AM |
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some have been proposing "auditing". it seems to me that the term "mining" indeed has always been kind of unfortunate. It makes people suspicious ("what ?!? free money with the graphics card ?!?? "), especially gold bugs ("that crap is not _real_ money !!!1!! and they say _mine_ it !!! like gold !!!1! ridiculous !!!1!"). something like "auditing" is much more neutral, and it's more intuitive to understand that users get rewarded for running hardware and software that is auditing transactions.
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Parazyd
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March 08, 2013, 11:49:25 AM |
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How about
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Killdozer
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March 08, 2013, 12:13:20 PM |
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How about ... winning
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Akka
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March 08, 2013, 12:38:46 PM Last edit: March 08, 2013, 12:51:39 PM by Akka |
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Hmm... Would this be better?
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All previous versions of currency will no longer be supported as of this update
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Endgame
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March 08, 2013, 12:43:28 PM |
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'Transaction validation/processing' may be more accurate, but it lacks the simple appeal of 'mining' imo. Renaming such a widely used term would be extremely difficult in any case.
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Jaw3bmasters
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Another block in the wall
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March 08, 2013, 12:43:54 PM |
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Lets try a new name for Satoshi while we're at it....................Oh, and the BTC logo, we SOoo need to change that too.
Hashing?........What!?. "Sorry, I don't do drugs"
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In Cryptography we trust.
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thoughtfan
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March 08, 2013, 12:48:02 PM |
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some have been proposing "auditing".
Good approximation of a descriptor but the Scientology connotations...?
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Jaw3bmasters
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Another block in the wall
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March 08, 2013, 12:49:38 PM |
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some have been proposing "auditing".
Good approximation of a descriptor but the Scientology connotations...? This person has a point....
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In Cryptography we trust.
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hazek
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March 08, 2013, 12:52:36 PM |
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Mike Hearn want's us to believe it should be called "Heating, inefficient but with a few added benefits!"
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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BlackBison
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March 08, 2013, 12:54:57 PM |
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When talking to newbies I describe the network as a collection of independent auditors, who verify all the transactions in return for a small fee. Then later on I might use the word mining and compare it to gold/silver once they roughly understand the concept.
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hazek
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March 08, 2013, 12:58:28 PM |
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When talking to newbies I describe the network as a collection of independent auditors, who verify all the transactions in return for a small fee. Then later on I might use the word mining and compare it to gold/silver once they roughly understand the concept.
This really should be the go to phrase and way of introducing new people to mining, many say it and I agree that it's the easiest to grasp.
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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Jaw3bmasters
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Another block in the wall
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March 08, 2013, 01:05:14 PM |
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When talking to newbies I describe the network as a collection of independent auditors, who verify all the transactions in return for a small fee. Then later on I might use the word mining and compare it to gold/silver once they roughly understand the concept.
'Ok, that's good and all, but where do I get coins?'............From the independent auditors?
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In Cryptography we trust.
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Sukrim
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March 08, 2013, 01:06:04 PM |
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Currently there's still more than 10% inflation per year because of _mining_. Once this number falls below 1% or so, you might want to call it something else, but at the moment the main income of miners is creating NEW coins, not auditing transactions.
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hazek
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March 08, 2013, 01:17:37 PM |
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Currently there's still more than 10% inflation per year because of _mining_. Once this number falls below 1% or so, you might want to call it something else, but at the moment the main income of miners is creating NEW coins, not auditing transactions.
You miss what is important. Being allowed to issue coins does not matter to Bitcoin and with it alone Bitcoin fails miserably. It's the validating of transactions part which keeps Bitcoin functioning, the issuing of new bitcoins and fees are just the benefits.
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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WiW
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"The public is stupid, hence the public will pay"
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March 08, 2013, 02:17:36 PM |
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When talking to newbies I describe the network as a collection of independent auditors, who verify all the transactions in return for a small fee. Then later on I might use the word mining and compare it to gold/silver once they roughly understand the concept.
'Ok, that's good and all, but where do I get coins?'............From the independent auditors? Get someone to pay you for work.
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debianlinux
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March 08, 2013, 02:26:47 PM |
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Yeah makes perfect sense to give it a name we all know ahead of time will be antiquated, deprecated and require explanation about how it used to be forever and ever amen.
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