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History of Sneakernet Banned music transport etc etc It's just numbers. You can store funds on a 1¢ flash drive or calculator!
by aaaaaaaaata 5y ago
History of Sneakernet
Banned music transport
etc etc
It's just numbers. You can store funds on a 1¢ flash drive or calculator!
- quxbar 5y agoYour tokens don't do any good when your transactions require a network.
- aaaaaaaaata 5y agoMesh nets commit transactions when possible. If that's a year later, after you've done a hand to hand, so what?
- 0ldskool 5y agoDon't think thats useful in terms of currency exchange. In order for a crypto currency to be transferred it has to be committed to the public ledger. If you are cut off from the rest of the internet you can never have a successful transfer. I don't think people in Russia and Ukraine can wait years to convert cypto to local currency. What could happen is a fork of that cryptocurrency could be created in Russia with a completely different set of transactions. It could never rejoin the main chain otherwise that full transaction log would be lost.
- ThatPlayer 5y agoStart a business to accept snailmail and broadcast transactions onto the blockchain! And for a fee, you can get a copy of the blockchain delivered. That actually got me interested on if it would be possible to get the blockchain encoded and printed on paper (and bound as a book of course). https://ollydbg.de/Paperbak/ https://ollydbg.de/Paperbak/ can do 0.5 megabytes on a sheet of A4, so 1MB if you double side it. The current size of the Bitcoin blockchain is ~400 gigabytes, so only 800,000 sheets of paper! Growing at around 1.5 sheets an hour forever.
- freemint 5y agoSneakerNet won't work for Bitcoin since you need access to 51% of the mining power?