How does it work?If the idea is (relatively) easy to understand and uses basic ideas11, if it is very far from the cutting-edge of cryptography12, then there’s no reason it would not be seriously tried. Certainly the cypherpunks of the ’90s were wildly creative, inventing everything from Cypherpunk/Mixmaster to MojoNation to assassination markets to data havens (memorably depicted in Cryptonomicon). We have already seen 2 of their proposed cryptocurrencies, and proof-of-work was one of the most common proposals to deal with the rising tsunami of spam13. Why did Bitcoin take a decade to be born? The problem of timing nags at me—similar to the historical question of why England experienced the Industrial Revolution and grew to empire, and not China, which seems better equipped in every respect14. Where does innovation come from? There must be an answer. (And it may be similar to VR.15)эпоха ethereum bitcoin skrill daemon bitcoin film bitcoin bitcoin gif bitcoin история bitcoin elena monero xeon conference bitcoin bitcoin stiller bitcoin майнинга bitcoin logo bitcoin rpg падение ethereum 600 bitcoin bitcoin faucets bitcoin trezor bitcoin download bitcoin price
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