The iPad2 has as much computing power as a Cray Super computer from 1975. 2030 phones will have more power than Y2K HPCs... scaling
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Replying to @ProfFaustus
exactly. by then the low-powered chips for
$IOTA PoW will be embedded in all mobile devices. fog/mist computing using the#Tangle will be ubiquitous. maybe#Bitcoin will still be around by then, who knows
pic.twitter.com/8gXcqSviDy
1 reply 2 retweets 12 likes -
Replying to @c4chaos
Sorry, IOTA is a lost cause. I have tried to explain the flaw, but math seems to be lost on most.
5 replies 2 retweets 7 likes -
Replying to @ProfFaustus @c4chaos
can you post any link of whatever you said about why IOTA? Im honestly looking after reading this tweet and can't find it. Very interested.
2 replies 0 retweets 1 like -
Replying to @CryptoeyJoey @c4chaos
I will write something more specific soon. It is a loose mesh. The distance in a loose mesh cannot be secured fully. It always allows Sybil attacks. Start with Red balloons and bitcoin. The full version Linked in my feed somewhere
2 replies 1 retweet 9 likes -
Replying to @ProfFaustus @c4chaos
These are the Links, I guess: https://www.microsoft.com/en-us/research/publication/on-bitcoin-and-red-balloons/ … and https://www.microsoft.com/en-us/research/publication/on-bitcoin-and-red-balloons-2/ …
#red#ballons#bitcoin#sybil#attack#microsoft
#research1 reply 0 retweets 1 like -
That's the "letter" summary version. Full link is here https://arxiv.org/pdf/1111.2626.pdf … (aside: Full paper footnote links to Paul Krugman blog where Krugman says don't use bitcoin..... because its deflationary. Ha!)
2 replies 0 retweets 2 likes
@paulkrugman is wrong on the internet, and he’s fooking wrong on Bitcoin! 


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