While Bitcoin is just information, there are real physical limits that all decentralized systems will run in to.
Discussion
One limit is the speed of light and thus the time window in which consensus can be reached.
It takes information about 42ms to travel from one end of the earth to the other end (in the best case).
Relativistic effects make global consensus below this time window impossible. Universal time does not exist.
Bitcoin solves this problem by slowing down time via proof-of-work. One tick of Bitcoin's internal clock corresponds to ~10min of earth time, which is a large enough time window to find consensus, even if communication is a bit slow or unreliable.
21-ways.com/2/
This is an incredibly hard problem to solve in a trustless fashion.
More videos and links here:
We will need side chains for interplanetary bitcoin use. Also mining is only possible within the 10min circle.
Mining competitiveness drops off much sooner than the 10 min radius depending on the miner’s hashrate.
Gigi. c'mon man. I just had some cheap wine, will be stirring this one for hours!
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Here’s a wild idea.
In such time that the speed of light becomes a truly bothersome limit, I imagine we’d have some sort of control over phenomena like quantum coupling, allowing information to travel faster than the speed of light.
This is too rational and makes too much sense for a shitcoiner to comprehend.
LOL the laws of physics are enforcing decentralization at interplanetary levels
If you are in Bitcoin for the quick buck you get REKT.
Paper investors are
Don’t worry, we’ll fork it when we go to Mars 😁
This explores the Idea a little
So what you’re saying is, Rocket League is going to need a moon region.
Your post is getting a lot of traction.
Added to the https://member.cash/hot feed
Ohh… you’re one of those people who believes in the ‘speed of light’ 🙄
Allow me...
