Bitcoin Forum
March 29, 2024, 03:06:15 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: I was interviewed about Bitcoin on more than 100 Radio stations! ~100K Listeners  (Read 10855 times)
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1063


Gerald Davis


View Profile
November 21, 2011, 07:05:24 PM
 #141

The Bitcoin network is indeed more powerful than supercomputers, but only if you compare the Bitcoin mining performance. Since this is the only thing that matters in the context of Bitcoin security I think the comparison is valid.

Exactly. It doesn't matter how good the whole earth simulator is at modeling weather patterns or how badly the Bitcoin network would compare on that task.  What matters is how good would supercomputer be at mining and thus how likely are they to represent a credible threat to the Bitcoin network.

The reality is supercomputers aren't so "super" when it comes to mining power.  They are totally outmatched by the aggregate of legit nodes in raw integer performance.  Even among supercomputers which have decent integer potential they are outmatched by the sheer number of Bitcoin nodes.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711724775
Hero Member
*
Offline Offline

Posts: 1711724775

View Profile Personal Message (Offline)

Ignore
1711724775
Reply with quote  #2

1711724775
Report to moderator
MatthewLM
Legendary
*
Offline Offline

Activity: 1190
Merit: 1004


View Profile
November 21, 2011, 10:57:31 PM
 #142

Didn't mention the "have to wait for confirmations to be secure" in the radio show. So I don't have to find it, what was the bitcoin debit card called? I'd like to know how that works and with what debit card provider it works with.
MemoryDealers (OP)
VIP
Legendary
*
Offline Offline

Activity: 1052
Merit: 1055



View Profile WWW
November 22, 2011, 02:25:39 AM
 #143

Didn't mention the "have to wait for confirmations to be secure" in the radio show. So I don't have to find it, what was the bitcoin debit card called? I'd like to know how that works and with what debit card provider it works with.

www.okpay.com offers it.
I'm sure they are the first of many others that will offer similar services soon.

MatthewLM
Legendary
*
Offline Offline

Activity: 1190
Merit: 1004


View Profile
November 22, 2011, 07:04:42 PM
 #144

It seems you have to transfer bitcins into their online account. I thought it was a bit more sophisticated where it automated payments using an online bitcoin wallet. I suppose it is slightly easier than going through a bitcoin exchange to get the money into the bank account you use a debit card with.
Pages: « 1 2 3 4 5 6 7 [8]  All
  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!