And this is how I met your mother kids...

submitted by /u/eoneqeip [link] [comments]

Can you double spend on Mars?

Let’s say I’m at my local butcher’s place while visiting my vacation home on Mars. I buy several pounds of steak for 25 sats, the transaction is validated in about 10 minutes, and I go home and eat.

Meanwhile, my gold digging wife on Earth whom I share a wallet with runs off with her boyfriend and spends all my money on vegan insect burgers at the same time.

Since the speed of light takes more than 10 minutes to go from Earth to Mars and vice versa, would both transactions clear for the moment?

Then, when the longer chain finally reaches Mars (assuming more work is being done on Earth) would it simply replace the chain on Mars, and as I’m finishing my steak the butcher would realize he no longer has my 25 sats because my wife spent it all on the bigger chain?

Or would the transactions simply not go through until the nodes on Mars agree with the nodes on Earth?

Thank you for your intelligent responses, I’m still trying to understand the technical aspects of the blockchain and hopefully this will help others gain a better understanding as well.

submitted by /u/tax-this-dick
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I Am Bear Market Bane :|

submitted by /u/proph3tsix [link] [comments]

May 15th is almost here! Get ready to experience the full potential of CashTokens on BCH

submitted by /u/alberdioni8406_ [link] [comments]

source https://www.reddit.com/r/btc/comments/12yti51/may_15th_is_almost_here_get_ready_to_experience/

Banks doing that thing again

submitted by /u/hyperinflationUSA [link] [comments]

Why do people think the Bitcoin chart repeats itself every cycle?

I get it there have been some patterns. There's the 4 year cycle and the halving - but does this just magically happen by itself?

The price goes up when more people are buying than they are selling - why would people's behaviours be aligned so tightly to the TA - don't world events and sentiment play a big part?

I still really believe in the future but I'm holding for 10+ years so it doesn't matter much to me

But can anyone enlighten me as to why people are so sure things will go the same way as they have before when things are so different now?

submitted by /u/zascar
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Cryptocurrencies II: Last Week Tonight with John Oliver (HBO)

submitted by /u/SCarolinaSoccerNut [link] [comments]