Message from @ZiggenVox

Discord ID: 629835702229663744


2019-10-05 00:09:15 UTC  

Boom

2019-10-05 00:09:31 UTC  

💥

2019-10-05 00:10:38 UTC  

you need to understand how the hashing algorithm is used to trust it

2019-10-05 00:10:39 UTC  

Right @kreskin1 it is a derivative like the rest of the world currencies. Except were the $ is concerned to can't just print more. that is the opportunity....buy/sell.

2019-10-05 00:11:03 UTC  

that is really the basis of the security

2019-10-05 00:11:13 UTC  

yup

2019-10-05 00:11:58 UTC  

the algorithm prevents other computers from cheating the system by relying on a math problem that is so difficult to solve it requires millions of computers to solve it 1 time every 10-20 min on average

2019-10-05 00:12:26 UTC  

If you undertand that $, companies/stocks, housing are derivatives than you understand the value.

2019-10-05 00:12:58 UTC  

collectively the processing power involved in sharing the load for solving the hashing algorithm for bitcoin is larger than any other super computer on earth

2019-10-05 00:18:09 UTC  

This is what I remember from the early days of BC, it was heavy on computing and tied up a computer’s resources.

2019-10-05 00:18:26 UTC  

well yeah

2019-10-05 00:18:36 UTC  

@Kitty biggly😂

2019-10-05 00:18:38 UTC  

trying to solve a block on 1 computer would take like 1000 years

2019-10-05 00:19:16 UTC  

basically all forms of computer security are similar at this point

2019-10-05 00:19:49 UTC  

they just use an encryption that mathematically results in an unreasonable amount of time to crack using brute force

2019-10-05 00:20:30 UTC  

except for governments

2019-10-05 00:20:42 UTC  

like 3

2019-10-05 00:20:44 UTC  

but theoretically a brute force attack would work if you could overpower the system. its just not financially rewarding at that point.

2019-10-05 00:21:09 UTC  

it would be more valuable to just mine for a bitcoin at that point

2019-10-05 00:21:57 UTC  

its also possible to use hashing algorithm without a block chain or visa versa

2019-10-05 00:22:13 UTC  

some of the alt coins use a block chain and a different encryption algorithm

2019-10-05 00:24:24 UTC  

Just a FYI, the presidents daughter is being interviewed on Fox business. Going to be asked here reaction to her Father being put through the Inquiry by the Dems.

2019-10-05 00:24:34 UTC  

got make a train run...bbl

2019-10-05 00:25:00 UTC  

See ya later.

2019-10-05 00:27:41 UTC  

🎄

2019-10-05 00:32:23 UTC  

This is way out in "left" field. But what are the odds the Military with Pres Trump do a takeover of Congress. Kick em all out and call for new Elections? Who would or could or how could you stand against such a thing?

2019-10-05 00:33:32 UTC  

Sounds like a last resort kind of thing.

2019-10-05 00:33:42 UTC  

But anything is possible

2019-10-05 00:34:06 UTC  

Would there be states who would refuse to recognize it? Could the Union be desolved and reformed?

2019-10-05 00:34:33 UTC  

sounds like an absolute mess..and nightmare

2019-10-05 00:35:29 UTC  

What if the President could make the case of Enemy Domestic that needed to be addressed.

2019-10-05 00:36:00 UTC  

I know at this point I would support it and not fight against it.

2019-10-05 00:36:19 UTC  

well

2019-10-05 00:36:25 UTC  

If this is the only way

2019-10-05 00:36:28 UTC  

to take back our country

2019-10-05 00:36:34 UTC  

and the case was made to the American people

2019-10-05 00:36:38 UTC  

and he had the support

2019-10-05 00:36:39 UTC  

then maybe

2019-10-05 00:36:43 UTC  

Makes you wonder if the soldiers would obey orders or walk away.

2019-10-05 00:36:46 UTC  

Yeah

2019-10-05 00:36:59 UTC  

Hard to know.