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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Xenophis
Newbie
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Activity: 33
Merit: 0
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January 16, 2014, 06:06:21 AM |
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Simple free market rules would come into effect. Consumer (you and I) aren't happy with the product (Verizon). A competitor sees this as a vulnerability to gain valuable market shares of the highly sought after ISP market. Consumer is happy with competitors service, albeit a bit more expensive than today's rates (possibly, most likely in fact), but I absolutely believe the services would be much, much faster than is currently present in the majority of the United States. Verizon would either have to take the market loss and hope that their additional "fast lane" users will compensate for that, or they'll revert to some other business model.
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pedrog
Legendary
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Activity: 2786
Merit: 1031
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January 16, 2014, 02:39:15 PM |
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Simple free market rules would come into effect. Consumer (you and I) aren't happy with the product (Verizon). A competitor sees this as a vulnerability to gain valuable market shares of the highly sought after ISP market. Consumer is happy with competitors service, albeit a bit more expensive than today's rates (possibly, most likely in fact), but I absolutely believe the services would be much, much faster than is currently present in the majority of the United States. Verizon would either have to take the market loss and hope that their additional "fast lane" users will compensate for that, or they'll revert to some other business model.
No, there's no competition in many places, plus it's very difficult and expensive to start a new ISP, and there's also shady agreements between ISPs so they can have control over prices, maintain their monopoly and keep new players from entering the market.
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Sindelar1938
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January 16, 2014, 05:10:52 PM |
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Huge setback for the Internet But lat word has hopefully not yet been spoken
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jakedeez
Sr. Member
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Activity: 512
Merit: 250
ICO is evil
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January 16, 2014, 06:27:50 PM |
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Huge setback for the Internet But lat word has hopefully not yet been spoken
I have the same initial reaction, but I am not really sure it is a setback... I mean, it is to a degree... but wouldn't it be cool to be able to stream much better and higher quality? I mean it'll cost a bit, but whatever... I is a setback for torrents one would think though.
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compro01
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January 16, 2014, 07:07:07 PM |
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Simple free market rules would come into effect. Consumer (you and I) aren't happy with the product (Verizon). A competitor
Let me stop you right there. The problem is that a competitor DOES NOT EXIST. Competition in the USA ISP market was basically erased due to the ruling in NCTA v. Brand X.
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subvolatil
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January 16, 2014, 08:24:21 PM |
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Get ready to have your Internet bill sky rocket.
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Rassah
Legendary
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Activity: 1680
Merit: 1035
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January 16, 2014, 09:00:17 PM |
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Just remember, the worse things get, the more incentive there is for alternatives. Really hoping for mesh networks to become mainstream.
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tacoman71
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January 18, 2014, 04:25:01 AM |
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The way I understand the ruling, Net Neutrality applies to all telecom companies except for Comcast.
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Feeling generous? Like my post? Leave a tip at BTC: 1NZJ8cceqEiKDZGAJged2vNGCyfFMUEYPt
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Kaligulax
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February 27, 2014, 01:00:37 PM |
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One answer might be for internet companies to form their own internet provider services; effectively bypassing Verizon, AT&T, and everyone else who lobbied for this.
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1FxCUCAij9FT9fXQSqYHHMiaELhRTAhui6
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compro01
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February 27, 2014, 02:16:42 PM |
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One answer might be for internet companies to form their own internet provider services; effectively bypassing Verizon, AT&T, and everyone else who lobbied for this.
Google is already doing that, but state legislatures are basically being bribed to blockade them, as well as municipal fibre projects and anything else that would threaten the telcos and cablecos.
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