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A comment on Facebook’s Libra cryptocurrency: Privacy and stability concerns. Parent comment

Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by root_axis on Monday June 17, 2019 @02:36PM (#20206028)
So is that a "yes, it's possible" or "no, it's impossible"? "Theoretically it's possible" sounds like it's possible. Saying "here are some examples of things that didn't happen" doesn't prove that they, or anything else, can't happen.
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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by bduerst on Monday June 17, 2019 @05:44PM (#20207685)
It's as possible as a number of rational actors collectively acting irrational. It's economics, not technology - so it's theoretically not impossible, just very highly improbable.
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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by onion-soup on Monday June 17, 2019 @04:35PM (#20207066)
Yes it is possible and it is already done on Bitcoin SV (original bitcoin). Recently 128 MB block were mined as a proof that bitcoin can scale to hundreds of thousands of transactions per second
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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by bduerst on Monday June 17, 2019 @05:39PM (#20207654)
> Anything is Possible with Bitcoin ᵗᵐ

Just that the network known as Bitcoin can't do that. The block mined just 10 minutes ago was capped at 0.904 MB.

Anyone can mine a gigabyte sized block on their own computer, but that doesn't make it Bitcoin (even when branded as Bitcoin SV).

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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by onion-soup on Tuesday June 18, 2019 @05:27AM (#20210947)
>Anyone can mine a gigabyte sized block on their own computer, but that doesn't make it Bitcoin

So you just pulling facts out of your ass? Read the white paper then come back

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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by bduerst on Tuesday June 18, 2019 @01:55PM (#20216113)
>Anyone can mine a gigabyte sized block on their own computer, but that doesn't make it Bitcoin (even when branded as Bitcoin SV).

Is the full context.

Cherry picking the sentence to be patronizing doesn't work very well when the context is actually your own example...

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Re:Facebook’s Libra cryptocurrency: Privacy and stability co... by onion-soup on Wednesday June 19, 2019 @07:42AM (#20222425)
Mining is done in data centers. Get over with your 'everybody is a miner' mantra. It was never meant to be that. Check satoshi's early posts. Do you own research before spreading bullcrap
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