submitted by /u/steeevemadden
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source https://www.reddit.com/r/btc/comments/vv8829/was_it_roger_or_mark_does_it_matter_this_whole/
Sunday, 10 July 2022
Saturday, 9 July 2022
Monica Taher: "Bitcoin adoption goes beyond its use as a means of payment".
Taher presented, during her conference at the Blockchain Summit Latam held in Panama, a balance of the progress achieved in El Salvador since the approval of the Bitcoin Law a year ago.
He cited advances such as the growth of p2p in Latin American countries, the adoption of local stores and even the creation of virtual stores such as the popular Exeno.
For Monica Taher, director of International Technological Affairs for the Secretariat of the Presidency of El Salvador, the massive adoption of bitcoin (BTC) in the Central American country depends on education. An issue that is not only a task for the government, but also for academia and the private sector.
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source https://www.reddit.com/r/btc/comments/vujdxs/monica_taher_bitcoin_adoption_goes_beyond_its_use/
I'm terribly sorry. As the noob that I am, I have previously stated that the latest RPi4 can process Scalenet's 256MB blocks in just under ten minutes. I was wrong.
I had been running a Debug build all along.
For the uninitiated, the main build types are Debug and Release. The Debug preserve debugging information, but are slower. The Release discard debugging information to be faster.
I do my own builds, because I often tinker with the code, trying to tweak things.
I did a Release build earlier today, and instead of processing a 256MB block in just less than 10 minutes, my RPi4 did so in less than two minutes.
2022-07-08T19:22:47Z - Load block from disk: 0.00ms [0.02s] 2022-07-08T19:22:47Z - Sanity checks: 0.01ms [0.23s (0.01ms/blk)] 2022-07-08T19:22:47Z - Fork checks: 0.05ms [0.91s (0.05ms/blk)] 2022-07-08T19:23:08Z - Connect 739725 transactions: 21019.90ms (0.028ms/tx, 0.028ms/txin) [381.62s (22.70ms/blk)] 2022-07-08T19:24:22Z - Verify 739724 txins: 94798.36ms (0.128ms/txin) [2371.05s (141.04ms/blk)] 2022-07-08T19:24:22Z Pre-allocating up to position 0x1400000 in rev00044.dat 2022-07-08T19:24:24Z - Index writing: 1775.66ms [62.51s (3.72ms/blk)] 2022-07-08T19:24:24Z - Callbacks: 0.11ms [0.79s (0.05ms/blk)] 2022-07-08T19:24:24Z - Connect total: 97161.99ms [2448.10s (145.63ms/blk)] 2022-07-08T19:24:29Z - Flush: 4426.12ms [94.02s (5.59ms/blk)] 2022-07-08T19:24:29Z - Writing chainstate: 0.17ms [207.98s (12.37ms/blk)] 2022-07-08T19:24:29Z UpdateTip: new best=00000000017caad8a8cc6dee443a615413336f1aea762e7d0e2ab9d66bd0e138 height=16810 version=0x20000000 log2_work=57.887327 tx=16166556 date='2020-11-14T18:51:58Z' progress=1.000000 cache=530.9MiB(3389885txo) 2022-07-08T19:24:29Z - Connect postprocess: 0.14ms [2.02s (0.12ms/blk)] 2022-07-08T19:24:29Z - Connect block: **101588.43ms** [2752.14s (163.71ms/blk)] Small blockers on suicide watch.
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source https://www.reddit.com/r/btc/comments/vuiqwm/im_terribly_sorry_as_the_noob_that_i_am_i_have/
Proof of Work Energy Consumption
Consuming energy to power an ASIC to mine a block can not be forged. It's impossible to fake. This protects and secures the network fundamentally.
This foundation is a first principle. Without it you do not have Bitcoin.
Energy consumption enables every other aspect of Bitcoin, without energy consumption you have nothing.
Thoughts? Agree? Disagree? Missing something?
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