Re:Intel unveils BonanzaMine, a Bitcoin accelerator ASIC
by lewispollard on Monday February 21, 2022 @11:19AM
(#30417498)
> and also with better security, and portability.
What security?
> What problems does the Ethereum Virtual Machine solve, as far as turning decentralized network code into a server/computer?
Given that the eth VM uses a fraction of a single percentage of its processing power to run smart contracts (like, 0.00000001%), and the rest in redundantly verifying those transactions, it's not solving any problem of decentralised processing in a useful way.
What security?
> What problems does the Ethereum Virtual Machine solve, as far as turning decentralized network code into a server/computer?
Given that the eth VM uses a fraction of a single percentage of its processing power to run smart contracts (like, 0.00000001%), and the rest in redundantly verifying those transactions, it's not solving any problem of decentralised processing in a useful way.