Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
Life without the Internet could be unimaginable for those who grew up dependent on its existence. It is by far the the most successful attempt to connect the world. It has undoubtedly made information accessible and trades feasible in ways people before this era thought impossible. It made businesses grow in an even faster rate, enabling them to scale worldwide, reaching an audience far from the sight of their own shore. It is very good indeed, but not good enough.
With its feat, we can exaggeratedly say that it is an achievement off the chart. Borrowing from the idea of Nassim Nicholas Taleb's Black Swan, we can categorically include this invention as such. The Internet is a Black Swan. It's birth was a rare event no ordinary man could have ever predicted, and yet today, it being alive, everyone could just easily find simplistic explanations for its occurrence.
Miners in the context of Bitcoin (SV) plays the most important role in the network. They run the Bitcoin Nodes necessary for block creation and propagation, ensuring the security and efficiency of the system. The reward is profit. Since the miners expend their resources, they are the most heavily invested proponents of the Bitcoin (SV) network - a Skin in the Game.
It is an incentive based structure that encourages the miners to compete and cooperate at the same time. While this sounds incompatible, the arrangement was so designed to reward an honest miner and punish the cheat who tries to circumvent the rules of the system - a magnificent blueprint of a thought provoking order.
Since the creation of Bitcoin (SV), a reward of 50 coins are generated in approximately every 10 minutes block. This reward halves every four years - 50 (2009), 25 (2013), and now we have 12.5 (since 2017). With a limit of only 21 Million Bitcoins (SV), it is expected that the reward...
Seems like these guys are fearful of BSV. Else, they wouldn't constantly be talking about it and trying to smear it. If you are so confident, just focus on what you are doing and leave it alone. Won't happen though...
Makes sense, since he's staked (pun intended) his reputation on CSW being a fraud, and hence #BSV not being the real deal Bitcoin.
What's awkward is that since the split in November, many of the people who profess to know what is going on have been overwhelmed but how things have moved forward. That is why they hang on to focusing on individuals like CSW, because they're unable to admit and see through the fog that what Bitcoin ABC did was to cheat the system, that they were wrong, and that the future implications for BCH are actually dire. As upsetting that is.
Unfortunately when the split first happened people were still somewhat open to hearing ideas from the other side, but after a few months when speaking with people it seems that may ideas have cemented in their mind (be it wrong or right).
I truly feel that many people are actually trying to convince themselves, but acting like they've got a good po...
- Laws to criminalize "depictions of violent crimes" introduced - Law enforcement now free to perform more violent crimes without public right to show it