News for hackers. Stuff that matters.

A comment on Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stiglitz Says. Parent comment

Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by jdauriemma on Wednesday November 29, 2017 @10:10PM (#15813151)
> from a third party.
[ Parent | on HN ]
Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by 659087 on Wednesday November 29, 2017 @10:32PM (#15813252)
Miners aren't a third party?

Where exactly did you think those fees went?

[ Parent | on HN ]
Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by Frogolocalypse on Wednesday November 29, 2017 @11:41PM (#15813523)
Miners aren't a party to the actual transaction, because they are not a part of the cryptographic proof. They are akin to your electricty provider, your internet provider, your computer parts provider, your OS software provider, etc etc.
[ Parent | on HN ]
Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by jdauriemma on Wednesday November 29, 2017 @11:55PM (#15813578)
It seems like you've already made up your mind that I'm wrong, so we'll leave it there.
[ Parent | on HN ]
Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by 659087 on Thursday November 30, 2017 @01:48PM (#15818357)
If you're not wrong, please explain to me what miners are - if not a third party that receives fees.
[ Parent | on HN ]