well, same could be said for Facebook. Only now, less than 20y later, we're all scrolling through endless feeds and digging comment section trenches of the latest culture wars
I wouldn’t say 20 years later. Facebook was the way of connecting with people you just met even after 10 years after its inception. I would even say, pretty much everyone I knew had a Facebook account in 2010, and it delivered on the claims it made. Whether we agree with their mission is a different topic, but it certainly had an impact on the real world.
Yes it is -- its blockchain is longer. The blockchain with the longest proof-of-work is always the real blockchain, when given multiple competing blockchains to select from.
This is the essence of the Nakamoto Consensus Algorithm, which underpins the entirety of blockchain economics.
there are forks of bitcoin, to be sure... but the majority of "cryptos" out there are GPU mineable coins, because there's hardware that can be exploited to mine "profitably". not to mention the need to pre-mine shitcoins so they can be given to grifters and shills who pump & dump.
MezzoDelCammin|3 years ago
kredd|3 years ago
antifa|3 years ago
topranks|3 years ago
Most of them are literally forks of it.
kayamon|3 years ago
This is the essence of the Nakamoto Consensus Algorithm, which underpins the entirety of blockchain economics.
mr_spothawk|3 years ago
there are forks of bitcoin, to be sure... but the majority of "cryptos" out there are GPU mineable coins, because there's hardware that can be exploited to mine "profitably". not to mention the need to pre-mine shitcoins so they can be given to grifters and shills who pump & dump.