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Re:Iota cryptocurrency shuts down entire network after walle... by SilasX on Monday February 17, 2020 @06:57PM (#22352143)
>> 3 is closer to the universal optimum 2.71 than is 2. That is the absolute most simple elevator pitch for ternary.

>- iota co-founder

lol they seriously say that? For those who aren't aware...

You get e (2.71828...) as the optimal base when you're trying to minimize the product of a) the number of symbols you're using and b) the number of symbols needed to represent a number.

Once there are other factors that are significant, it's no longer the optimum. And indeed, in the real world, you care about the difficulty of implementing base-x vs base-y logic in hardware, the installed ecosystem for computing in that base, etc, which (to put it mildly) heavily favors base-2, even for domains where one subproblem is more naturally expressed in trinary.

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