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@SWM_in_SEA @rohangrey The record of energy spent is the magic. It allows us to form objective global consensus. Nobody can fake a record of energy spent. This is the essence of proof-of-work.
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Altangent Labs
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@altangent
Bitcoin / Lightning Network / Market Intelligence












"#Bitcoin is not backed by anything" Dude, there's this thing called Proof-of-Work. Google it.



$JPM's Jamie Dimon on bitcoin: "I'll just challenge the group to one other thing: how do you know it ends at 21 million? You all read the algorithms? You guys all believe that? I don't know, I've always been a skeptic of stuff like that."




