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Bitcoin Talk
- Thread starter englishrick
- Start date
Douglas.Curtis
Autistic Diplomat in Training
Moore's law applies to transistors on a microchip. That's it.
And thusly processing speed. Which is the former point.
So that's not it.
Learning is just as important as teaching.
So that's not it.
Learning is just as important as teaching.
And what do you think miners are being paid for?
When someone requests a transaction, it must first be processed by individual nodes. This network of nodes then validates by using algorithms. Once verified the transaction is combined with other transactions to create a block of data for the ledger. Then the new blockchain is added to existing blockchain in a way that can not be changed. Then the transaction is done.
Sounds like plenty of interactions with microchips along the way.......right?
Douglas.Curtis
Autistic Diplomat in Training
*facepalm*
Wow.
Wow.
Douglas.Curtis
Autistic Diplomat in Training
Knotty_Budz
Member
i feel like those old guys who talk about how they had the chance to invest in the DOT COM era and missed out while people got filthy rich. Well thats how i feel knowing i lost wallet containing hundreds of coins back when they under .25 cents a coin i was gifted 300 coins and never thought much of them and lost the wallet. talk about feeling like an idiot.
SEC Launches Cryptocurrency Probe
The Securities and Exchange Commission has issued scores of subpoenas and information requests to technology companies and advisers involved in the red-hot market for digital tokens.
https://www.wsj.com/articles/sec-launches-cryptocurrency-probe-1519856266
The Securities and Exchange Commission has issued scores of subpoenas and information requests to technology companies and advisers involved in the red-hot market for digital tokens, according to people familiar with the matter. The sweeping probe significantly ratchets up the regulatory pressure on the multibillion-dollar U.S. market for raising funds in cryptocurrencies. It follows a series of warning shots from the top U.S. securities regulator suggesting that many token sales, or initial coin offerings, may be violating securities laws. The ongoing wave of subpoenas includes demands for information about the structure for sales and pre-sales of the ICOs, which aren’t bound by the same rigorous rules that govern public offerings, according to the people familiar with the matter. Companies use coin offerings to raise money for everything from file-sharing technology to pet passports.
A spokesman for the SEC declined to comment.
Coin offerings, which raised $6.5 billion in 2017, have remained hot despite a crash in the price of bitcoin and other cryptocurrencies. So far this year such offerings have raised more than $1.66 billion, according to research and data firm Token Report. U.S. regulators have repeatedly put crypto-companies and their advisers on notice in recent months about what officials say could be widespread violations of securities rules designed to protect investors.
The Securities and Exchange Commission has issued scores of subpoenas and information requests to technology companies and advisers involved in the red-hot market for digital tokens.
https://www.wsj.com/articles/sec-launches-cryptocurrency-probe-1519856266
The Securities and Exchange Commission has issued scores of subpoenas and information requests to technology companies and advisers involved in the red-hot market for digital tokens, according to people familiar with the matter. The sweeping probe significantly ratchets up the regulatory pressure on the multibillion-dollar U.S. market for raising funds in cryptocurrencies. It follows a series of warning shots from the top U.S. securities regulator suggesting that many token sales, or initial coin offerings, may be violating securities laws. The ongoing wave of subpoenas includes demands for information about the structure for sales and pre-sales of the ICOs, which aren’t bound by the same rigorous rules that govern public offerings, according to the people familiar with the matter. Companies use coin offerings to raise money for everything from file-sharing technology to pet passports.
A spokesman for the SEC declined to comment.
Coin offerings, which raised $6.5 billion in 2017, have remained hot despite a crash in the price of bitcoin and other cryptocurrencies. So far this year such offerings have raised more than $1.66 billion, according to research and data firm Token Report. U.S. regulators have repeatedly put crypto-companies and their advisers on notice in recent months about what officials say could be widespread violations of securities rules designed to protect investors.
Lol just breath man
I think Moore’s law applies indirectly but since BTC is a protocol (think Ethernet) more than anything it’s not directly applicable but is interrelated at some level. I think that’s what brother easygoing was inplying.
Thanks. It's kind of the entire point of the block chain. Expanding processing power over the globe.
geneva_sativa
Well-known member
$11,100
Douglas.Curtis
Autistic Diplomat in Training
It's definitely a cannabis forum. lol
Damn! I missed out on buying NEO at a quarter and cried a bit. You have my sympathy. Keep looking for that wallet.
Whatever man, just be a negative Nelly. I will just stack crypto til I retire. Take all my gains and open up a pot shop.
geneva_sativa
Well-known member
Iceland's super mining computer heist has greasy fingerprints all over it
