4 ms·

This is pretty good, not sure about the lottery thing though, since not everyone is a bitcoin miner.

• tonydiv 13y ago
  Thanks. I agree, it's not perfect.
  • eurleif 13y ago
    How about: Anyone can place a security camera in the room, but maintaining one costs money. The lottery goes to the security camera operators.
    • tonydiv 13y ago
      Hm, it doesn't cost any money to gain access to the network though. Anyone can download the client.
      • shawnz 13y ago
        I think the point is that mining costs a little bit of money in electricity, and mining is more effective the more money you put into it.
        • tonydiv 13y ago
          Yes, but it doesn't cost money to view the network's history. To stay true to the analogy, I would include lottery tickets. However, I don't think this is necessary. The core concepts are explained.
          • eurleif 13y ago
            >Yes, but it doesn't cost money to view the network's history, which is analogous to purchasing a security camera. It works if you assume everyone who purchases a security camera makes their video feed/history publicly available for free.
            • tonydiv 13y ago
              But then only one person would need to buy the cameras, so why mention it?
              • eurleif 13y ago
                If only one person has a security camera, his buddy can go in the room and mess with the money, and he can splice in fake footage so no one finds out.
      • gfodor 13y ago
        If you want to stretch the analogy (you shouldn't) you should say a camera requires batteries to run.
        • tonydiv 13y ago
          Hey that's a clever idea. I love it.