Re:It's time for us in the tech world to speak out about cry...
by bussierem on Monday May 31, 2021 @12:30AM
(#27340146)
- Literally a google search for that + bitcoin gave me the answer
- No
- Another google search for "bitcoin + <your question>"
- "Yes" for literally the rest of the questions.
This wasn't an exam, this was basically an advertisement for "look what cool things you can do with this"
If I got any wrong, whatever. I have literally never researched bitcoin or blockchain. If I got them right, well... nice try on the exam I guess.
Re:It's time for us in the tech world to speak out about cry...
by rocho on Monday May 31, 2021 @12:54AM
(#27340297)
Answer to question two is yes for Bitcoin and all blockchain like that. There are some new ones like Mina who propose a different system in which you only need to verify the last hash.
Answer to question three is not restricted to Bitcoin. There are many other systems, e.g. Proof of stake (POS).
Re:It's time for us in the tech world to speak out about cry...
by baby on Monday May 31, 2021 @12:48AM
(#27340258)
You got them all wrong. I wasn’t talking about bitcoin specifically but about cryptocurrencies in general. If you’re interested in learning I can help but not with that attitude.
Do you really need to go through all the history of the system in order to be convinced of the latest state?
What are the different ways to decide who should be the next person that gets to choose the next block of transactions?
Can you hide the amount you’re sending? What about the recipient? Or your own identity?
Can you transfer bitcoin into ethereum or more generally one cryptocurrency into another?
Is it possible to send funds to a recognizable shortname instead of an hexadecimal string?
Are there ways to protect your funds with several keys instead of a single one?