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It's sucks that it's so difficult to have a level headed discussion about the technology behind cryptocurrencies online. There's too much money involved, and mo
by simias 9y ago
It's sucks that it's so difficult to have a level headed discussion about the technology behind cryptocurrencies online. There's too much money involved, and money kills rationality it seems.
I've been looking into cryptocurrencies a bit lately and from a technological standpoint it's exhilarating. Witnessing the internet centralize itself more and more around big platforms this past decade, it really is a breath of fresh air to see those highly complex and advanced distributed systems. And technology-wise ethereum is really an amazing concept on its own.
There's also so much left to do! How will those systems scale up if they're supposed to replace "fiat" currency and your Visa card? Currently that's a big debate in the Bitcoin community, with the push for Segregated Witness support while other petition for increased block sizes etc...
But because there's so much money at stake the technical discussions are surprisingly rare. For something that's mostly "just code and maths" it's insane to read all these discussions where so many people throw around unsubstantiated arguments when it's not complete FUD. As far as I can tell Bitcoin forums these days look more like a conspiracy theory subreddit (or alternatively a political subreddit, is there a difference nowadays?) than hacker news.
Is there a cryptocurrency out there that's more about experimenting with the technology rather than a Get Rich Quick scheme? If I had more time I think I'd just start writing my own coin miner from scratch just to see how it works in details.