logic_geek

4 ms·

1. 1.▲
   by logic_geek 12y ago

   People might want to ask the question why the Bitcoin price goes down so much. One reason might be that keeping up network security is too expensive with Bitcoin (proof of work) and the miners have to sell their bitcoins to cover their elec
2. 2.▲
   by logic_geek 12y ago

   Someone posted this on the bitshares forum: https://bitsharestalk.org/index.php?topic=12119.msg165957#ms... This might be a solution to the problem of the potential to loose your private key.
3. 3.▲
   by logic_geek 12y ago

   The article makes a lot of false points but is right in one respect. It would be a fragile system without a price feed. The price feed is in place now and it works decently.