So how much hashpower does this endeavor have? Zero.
The fact this is upvoted just demonstrates the ignorance.
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So how much hashpower does this endeavor have? Zero.
The fact this is upvoted just demonstrates the ignorance.
Zero hashpower is required for modern blockchains.
Smart readers!
zero hashpower = zero value
"modern blockchains"? Now you're smarter than satoshi?
Scammer is more like it.
"Another key point from today's Mumble!
People ask whether BTC-U will have any value compared to BTC classic. That's up to us! Initially 100% of them will be locked up on the BitShares blockchain - unclaimed. The few that are claimed may be sold on our market - becoming the equivalent of a BIG ICO. People who remember how early bitcoin holders were able to buy up millions of bitcoins for pennies will be there bidding for these (if we market them right). This will bid the price of the few of them up establishing BTC-U with a serious market cap which will get it noticed. This will bring both buyers and sellers to BitShares to claim the supply as it is gradually unlocked in a new gold rush. Since most bitcoin maximalists will decline to claim their BTC-U, these will remain locked up for a long time. So we just need to bring in more new people than BTC-U dumpers to cause the price of BTC-U to grow. And we have the whole HERO campaign to drive traffic to us for that purpose!"
https://web.telegram.org/#/im?p=@BitSharesDEX
BTC-U is NOT bitcoin at all.
You're clearly scamming trying to equate yourself to Bitcoin Classic, which IS a bitcoin client.
Indeed. What IS Bitcoin? An algorithm or a token?
Neither. Its a network of hardware that spans the globe that is mainly a distributed database (ledger).
Consider the concept that a decentralized public currency should be platform independent and controlled by its owners.
Satoshi was just a man. He solved a problem no one had been able to solve before in a very clever fashion, but that doesn't mean his creation did not have lots of room left for improvement.
People that don't understand the how and why of bitcoin aren't in the position to improve on it.