Bitcoin Forum
May 09, 2024, 02:25:28 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Blog post on Bitcoin: Cryptography and the Crowd  (Read 831 times)
val_ch (OP)
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 01, 2011, 07:57:20 AM
 #1

Hi, I've written a blog post about Bitcoin on the International Relations and Security Network's blog:

http://isnblog.ethz.ch/technology/bitcoin-cryptography-and-the-crowd

I received some comments related to security issues, but I'd also also like to hear a few voices on the general conclusions of the blog post. Do you agree? Did I miss something important that affects how ordinary users view Bitcoin? In your opinion, will Bitcoin succeed as a monetary system and be on par with traditional currencies in a few years' time, or will it remain a niche currency? Comments (please directly on the blog) from both critics and supporters are very much welcome. Thanks!

1715264728
Hero Member
*
Offline Offline

Posts: 1715264728

View Profile Personal Message (Offline)

Ignore
1715264728
Reply with quote  #2

1715264728
Report to moderator
1715264728
Hero Member
*
Offline Offline

Posts: 1715264728

View Profile Personal Message (Offline)

Ignore
1715264728
Reply with quote  #2

1715264728
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715264728
Hero Member
*
Offline Offline

Posts: 1715264728

View Profile Personal Message (Offline)

Ignore
1715264728
Reply with quote  #2

1715264728
Report to moderator
1715264728
Hero Member
*
Offline Offline

Posts: 1715264728

View Profile Personal Message (Offline)

Ignore
1715264728
Reply with quote  #2

1715264728
Report to moderator
JPage
Full Member
***
Offline Offline

Activity: 399
Merit: 105



View Profile
May 03, 2018, 12:43:44 PM
 #2

The future can't be predicted like that, if known in advance something like that it will only increase the price..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!