da2ce7 (OP)
Legendary
 Offline
Activity: 1222
Merit: 1016
Live and Let Live
|
 |
December 21, 2010, 12:26:57 PM |
|
When we have a (paid for with private investments of bitcoins) settlement on mars.. The average time for commutation between the two planets is 20 minutes.
How can our mars friends generate if they will be too late?
What is the most logical solution?
|
One off NP-Hard.
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
BioMike
Legendary
Offline
Activity: 1658
Merit: 1001
|
|
December 21, 2010, 12:50:38 PM |
|
New chain for Mars. Have some exchange, exchange between the currencies and handle the lag.
|
|
|
|
|
ShadowOfHarbringer
Legendary
Offline
Activity: 1470
Merit: 1005
Bringing Legendary Har® to you since 1952
|
|
December 21, 2010, 06:37:55 PM |
|
When we have a (paid for with private investments of bitcoins) settlement on mars.. The average time for commutation between the two planets is 20 minutes.
How can our mars friends generate if they will be too late?
What is the most logical solution?
Well hmmm... Subspace antennas ? ;P |
|
|
|
|
bober182
|
|
December 21, 2010, 06:57:41 PM |
|
Run a really long ethernet cable between the two planets.
|
|
|
|
ShadowOfHarbringer
Legendary
Offline
Activity: 1470
Merit: 1005
Bringing Legendary Har® to you since 1952
|
|
December 21, 2010, 08:06:27 PM |
|
Run a really long ethernet cable between the two planets.
Electricity is also limited to the speed of light. |
|
|
|
MoonShadow
Legendary
Offline
Activity: 1708
Merit: 1007
|
|
December 21, 2010, 09:04:19 PM |
|
Run a really long ethernet cable between the two planets.
Electricity is also limited to the speed of light. Not to mention that Ethernet is limited to 295 feet. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
|
|
|
jib
Member
Offline
Activity: 92
Merit: 10
|
|
December 21, 2010, 09:14:05 PM |
|
Not to mention that Ethernet is limited to 295 feet.
Depends on which physical layer you're using. Ethernet can reach tens of kilometres over single-mode fiber. |
|
|
|
|
ShadowOfHarbringer
Legendary
Offline
Activity: 1470
Merit: 1005
Bringing Legendary Har® to you since 1952
|
|
December 21, 2010, 09:26:35 PM |
|
Not to mention that Ethernet is limited to 295 feet.
Depends on which physical layer you're using. Ethernet can reach tens of kilometres over single-mode fiber. Did we land on Mars already, or this is a purely theoretical discussion ?  |
|
|
|
|
Anonymous
Guest
|
|
December 21, 2010, 09:46:07 PM |
|
Probably a space elevator. There could be a giant ass antenna built into the carbon nanotube fibres. Or more likely Mars will have its own blockchain and currency exchange will handle trade.
If you want good book series about a Mars colony I recommend the mars trilogy by Kim Stanley Robinson
|
|
|
|
|
FreeMoney
Legendary
Offline
Activity: 1246
Merit: 1014
Strength in numbers
|
|
December 21, 2010, 10:09:00 PM
Last edit: December 21, 2010, 11:05:47 PM by FreeMoney |
|
Unless there are processor manufacturers on Mars it won't make any sense to generate there anyway. Any chip sent up for generating ought have just been left home to generate. And transactions will be no problem.
edit: this is probably bad analysis, might depend more on the power situation or other things.
|
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
|
|
SmokeTooMuch
Legendary
Offline
Activity: 860
Merit: 1021
|
|
December 21, 2010, 11:00:45 PM |
|
Run a really long ethernet cable between the two planets.
Electricity is also limited to the speed of light. actually the speed of electrones in electricity is ~ 2/3 speed of light. |
|
|
|
|
teknohog
|
|
December 21, 2010, 11:15:32 PM |
|
actually the speed of electrones in electricity is ~ 2/3 speed of light.
To be precise, the drift speed of electrons in wires is very slow. It is the speed of electromagnetic waves in the insulating medium that matters, and that is about 2/3 of the speed of light. A common analogy is a garden hose full of water. When you add a little water at one end, some water comes out at the other end almost immediately. The individual water molecules need not traverse the entire distance. (A particularly nice analogy, because the speed of the effect is likewise determined by electromagnetic waves.) |
|
|
|
da2ce7 (OP)
Legendary
Offline
Activity: 1222
Merit: 1016
Live and Let Live
|
|
December 22, 2010, 01:50:28 AM |
|
On mars they could start a new block chain, but instead of 'generation' of new currency, The only way to get Marscoins is to conduct a valid transfer of bitcoins to a mars coin address. One can either have Bitcoins or Marscoins. But it takes 100blocks to transfer between.  |
One off NP-Hard.
|
|
|
|
