#inefficient โ Public Fediverse posts
Live and recent posts from across the Fediverse tagged #inefficient, aggregated by home.social.
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๐๐ฐ๐ฐ๐ถ๐ท๐ป๐๐๐ฒ๐ฟ๐น๐ฎ๐ด๐ถ๐ป๐ด ๐ต๐ฒ๐น๐ฝ๐ ๐๐ป๐ฒ๐น ๐ฏ๐ถ๐ท ๐ต๐ผ๐ด๐ฒ ๐ฏ๐ฟ๐ฎ๐ป๐ฑ๐๐๐ผ๐ณ๐ฝ๐ฟ๐ถ๐ท๐๐ฒ๐ป, ๐บ๐ฎ๐ฎ๐ฟ ๐ถ๐ '๐๐ฒ๐ฒ๐ฟ ๐ถ๐ป๐ฒ๐ณ๐ณ๐ถ๐ฐ๐ถรซ๐ป๐'
Het verlagen van de accijnzen op benzine en diesel is de snelste manier om verlichting te brengen voor huishoudens die kampen met hoge brandstofprijzen. Maar het is ook een enorm inefficiรซnte maatregel: een accijnsverlaging kost bakken met geld en het...
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#Bitcoin is a digital commodity that derives almost all its current "value" from #fetishization and #speculative #mania. It's also a slow, #inefficient, and #wasteful payment network. The payment network is mostly only useful for pseudo-anonymity, #crime, or for avoiding censorship.
The composition of a Bitcoin network's payment record (blockchain) is ultimately determined by those who continually direct the most (otherwise pointless) computing power toward a new block of transactions seeking legitimacy. This is called "proof-of-work-based payment-validation consensus". A large #cabal of computer processing aggregation can, in theory, dishonestly manipulate the payment history of Bitcoin. Bitcoin enthusiasts argue that greed itself prevents such a cabal from hijacking the entire ecosystem, due to fear of completely destroying the Bitcoin price. The enthusiasts have so far been correct about this.
#RationalWIki #crypto #cryptocurrency
https://rationalwiki.org/wiki/Bitcoin