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"It is the same algorithm used to secure the internet." I didn't realize the Internet is secure now. This is a technical question, and so I'm taken aback by th
by ksaj 5y ago
"It is the same algorithm used to secure the internet."
I didn't realize the Internet is secure now. This is a technical question, and so I'm taken aback by the vagueness of comparative examples that are provided. Especially given how big the conclusion is.
The part about Manhattan Project is just baffling. What is the significant connection between 21 billion dollars and 21 million coins with inflation? Is that a reflection of its worth at some unknown point in time? "then you know why" just trailed that off to nothingness.
Like the math teacher used to say: show your math. Otherwise this doesn't sound all that different than the claims of many people out there who claim they are the real Satoshi.
- westcort 5y agoHashcoin whitepapers include some estimates of how many e-mails are sent daily to determine the delay needed. It is reasonable to assume that, in 2008, the total cost of the Manhattan project inflation adjusted to 2008 dollars would be an estimate of the total number of coins that would need to be generated to rival the cost of a large government project to break encryption algorithms and monitor the net. A $1000 target per coin might have been a reasonable estimate in 2008.