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by pyinstallwoes
978 days ago
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Are you technically competent? Have you read the whitepaper? It’s the fundamental theory of the paper. I am not sure how I can describe it better than the whitepaper itself, which necessarily depends on its substrate which is a substratum which provides compute which necessarily implies a concrete material in physicality. Thus, physical material acts as the mechanism for computation, which Bitcoin depends on for network security, incentivized by the value of the distributed nature of the network thus requiring an ever greater need for compute. Even in a world where computation doesn’t become more efficient it still takes up the total space available eventually due to the incentives of protecting against network failure. |
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