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It seems a shame that all the effort that people put into making padlocks is being wasted, what good does that really do? Answer: padlocks, like bitcoin hashes
by cabalamat 15y ago
It seems a shame that all the effort that people put into making padlocks is being wasted, what good does that really do?
Answer: padlocks, like bitcoin hashes, are a way of allowing people to collaborate without having to trust each other.
- kd0amg 15y agoThe rate of padlock production doesn't stay approximately the same when people double the amount of resources they put towards producing padlocks.
- ent 15y agoBut the security of the bitcoin network also increases as the amount of computer resources put into mining increases.
- ceejayoz 15y ago> It seems a shame that all the effort that people put into making padlocks is being wasted, what good does that really do? Sure, but if you could make it so a byproduct of the padlock manufacturing process was ice cream, wouldn't that be worth doing?