Am Mo, 1. Aug 2022, um 12:14, schrieb John Clark: > On Sun, Jul 31, 2022 at 4:12 PM Jason Resch <[email protected]> wrote: > >>> >> So bitcoin can avoid problems if they can just find somebody that >>> >> everybody agrees is a saint. But you could say the same thing about the >>> >> US dollar if everybody agreed that the Chairman of the Federal Reserve >>> >> is a saint. >> >> *> You don't need a saint. That's the genius of the protocol design, a >> trusted system without any trusted individuals. You just need no majority of >> the nodes to be working against the system.* > > Bitcoin is between a rock and a hard place. If the number of miners is > reduced the energy efficiency increases but the security declines because it > allows the elite to spend one of their Bitcoins and keep it too. If the > number of miners is increased the security gets better but the energy > required to complete an economic transaction increases. If you use Bitcoin or > anything like it and you want honesty then you're going to have to expend a > ridiculous amount of energy every time you buy a candy bar.
This is not how it works. Each mining attempt also tries to fulfill the outstanding transactions in the network -- or at least the ones that pay what the miner considers to be an acceptable fee. Each block contains many transactions. Telmo -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/everything-list/6c80a0d6-6b45-48d6-9b84-ca946accd50b%40www.fastmail.com.
