Masurbia wrote:You....you......you literally said the exact same thing I did without using the term miner.
OOC: Which should be a clue for you, because I've actually understood what all the other people are telling me about this stuff, just not your weird fluff.
And that, I think, should be some sort of an indicator of how much most people who will actually be voting on this if it gets to vote, will understand. They won't be interested in finding facts (
to tell you the truth, neither am I, but I wanted to know if my hunch about wrong category was correct) about something that's fairly obscure knowledge; most commonly if people don't understand the contents of the proposal, they vote against it. That's why good definitions are the key on less common subjects. Yours are not it.
As for how it
seems to work, what's stopping someone from running any number of virtual machines on their own server to simulate a network of separate computers, with transactions and transaction monitoring between them, and thus make theirself more money than they should be able to? Or is it completely random which networked computer gets to do the calculations? No proximity preference? Can you do all of the "mining" in a closed network, like, say, at a workplace, and then connect to the rest of the Internet with your newly acquired wealth?
If it somehow isn't possible, then how are people
without powerful computers getting
BitCoins units of cryptocurrency? Buying with RL money/items from whichever university's supercomputer was used to generate it? How powerful does the "powerful computer" need to be? How
quickly does the computation need to be completed? Does it have to be done by a single machine? Distributed computing
is a thing.
And open code means anyone with decent programming skills can meddle with the code, presumably for improvements, and the changes are usually validated by a group of peers who act as editors, before the new code is put into the update queue for all the users of said program. At least that's my "off the top of my mind without looking at Wikipedia or any dictionaries for more info" understanding of it.
As for using jargon, without looking them up online, would you know what I meant with r/K selection? Or western blot? Or beta sheet? Just because you may know the expert vocabulary on something doesn't mean you shouldn't explain it by using common terms when trying to make an international law based on the concept.