Balantio

3 ms·

1.
by Balantio 5y ago
Does BTC makes sense if there would be no transactions? If transactions are critical for everyone, wouldn't that mean that keeping bitcoin mining alive is a fundamental part of transactions? We could argue that fiat keeps databases run
2.
by Balantio 5y ago
From a default btc perspective, we are very aware of how many transactions are there. Non of my ways of buying/using bitcoins is doing it indirectly. And i do have to assume that this is nothing you can't estimate. After all eithe
3.
by Balantio 5y ago
I just don't know how it works in detail on the bacnking side as i havenot worked with it. My thought was that a crypto based system could replace perhaps a sea of different approaches and alignment efforts across banking systems and i
4.
by Balantio 5y ago
Technology can be revolutionising without investing in a very specific cryptocurrency like bitcoin. I'm betting my ass of that cryptocurrency in a different way might be the future of fiat BUT from the countries themselfs. I'm not
5.
by Balantio 5y ago
i would say but i haven't checked his data. Generally speaking, every 10 minutes! one block is mined which is incentivived with 6 btc or roughlyl the equivilent of over 150.000$. In avg there are 1000-2000 transactions per block.
6.
by Balantio 5y ago
How do i do this myself now? I always have put my phone in air plane mode when i was in a train due to the modem consuming a lot more energy. I always assumed and still doe its due switching towers and less connecitivy which means using mor