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marcan42's profile
Hector Martin
Hector Martin
Hector Martin
@marcan42

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Hector Martin

@marcan42

If it ain't broke, I'll fix it! I'm porting Linux to Apple Silicon Macs at @AsahiLinux. http://patreon.com/marcan  | http://github.com/sponsors/marcan 

Tokyo, Japan
marcan.st
Joined May 2009

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    1. spiroseliot‏ @spiroseliot 27 Jun 2018
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      Replying to @BernieGreater @grist

      one block is not one transaction. Bitcoin has use only a tiny amount of energy if you compare this to the energy that use data centers to secure the world digital banking system.

      1 reply 0 retweets 0 likes
    2. hikari, Kanbaru enthusiast  🌟 other Andrea‏ @hikari_no_yume 28 Jun 2018
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      Replying to @spiroseliot @BernieGreater @grist

      sorry to tell you this but every centralised banking system out there is more efficient than bitcoin because they have economies of scale whereas bitcoin is the opposite

      2 replies 0 retweets 0 likes
    3. Hector Martin‏ @marcan42 28 Jun 2018
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      Replying to @hikari_no_yume @spiroseliot and

      Hector Martin Retweeted Hector Martin

      They mean one transaction. Do the math. I did and it checks out. 300 kWh *per transaction*. Not per block. Per single transaction in the block. Yes, Bitcoin is *that* ridiculously inefficient.https://twitter.com/marcan42/status/953775357978591232 …

      Hector Martin added,

      Hector Martin @marcan42
      Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
      Show this thread
      2 replies 1 retweet 5 likes
    4. spiroseliot‏ @spiroseliot 28 Jun 2018
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      Replying to @marcan42 @hikari_no_yume and

      how you calculate txs per block when every txs can include dozen of transactions or when every block has not stable txs? Public your paper and your calculations so everyone to do a proper tech analysis. Now you say just bullshits or worst just a click bait.

      2 replies 0 retweets 0 likes
    5. Hector Martin‏ @marcan42 28 Jun 2018
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      Replying to @spiroseliot @hikari_no_yume and

      You calculate the maximum number of transactions per block given the blocksize limit. Read the thread. This is not rocket science. You take publicly available estimates of Bitcoin mining power consumption and do some simple math.

      1 reply 0 retweets 3 likes
    6. spiroseliot‏ @spiroseliot 28 Jun 2018
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      Replying to @marcan42 @hikari_no_yume and

      no you cant. And is another proof that you dont know how bitcoin-blockchain works. I dont say that bitcoin not use energy but this calculations are completely false.

      1 reply 0 retweets 0 likes
    7. Hector Martin‏ @marcan42 28 Jun 2018
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      Replying to @spiroseliot @hikari_no_yume and

      If you want to claim I made a mistake in the calculation, you're going to have to point out the mistake. Just saying "you're wrong" without an explanation just makes *you* look like you have no idea what you're talking about.

      1 reply 0 retweets 8 likes
    8. spiroseliot‏ @spiroseliot 28 Jun 2018
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      Replying to @marcan42 @hikari_no_yume and

      i just told you but your cant understand it because your dont know how bitcoin system works.

      2 replies 0 retweets 0 likes
    9. Hector Martin‏ @marcan42 28 Jun 2018
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      Replying to @spiroseliot @hikari_no_yume and

      I'm sure I don't know how Bitcoin works; I just happened to read the original Bitcoin paper and build a Cell SPE miner 8 years ago. I also got out when it became clear the community had spiraled out of control and the current system was unsustainable.

      3 replies 0 retweets 3 likes
    10. spiroseliot‏ @spiroseliot 28 Jun 2018
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      Replying to @marcan42 @hikari_no_yume and

      can you understand this? https://blockchain.info/tx/0d74fab8619a380026882f757555307b80af0ee9b8d274b44a3e963ab6c5046b … No Educate yourself first and after that we can talk. A good place to start is here https://lopp.net/bitcoin.html 

      2 replies 0 retweets 0 likes
      Hector Martin‏ @marcan42 28 Jun 2018
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      Replying to @spiroseliot @hikari_no_yume and

      Understand what? A transaction with 81 inputs and 2 outputs? What about it? Are *you* sure you understand it? If you're trying to make a point, actually make the point, not just link to a random transaction.

      4:39 AM - 28 Jun 2018
      • 2 Likes
      • (((webhat))) hikari, Kanbaru enthusiast 🌟 other Andrea
      0 replies 0 retweets 2 likes

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