People are now putting capital at risk to build new business models...
YES. Precisely. The role of the entrepreneur is to do exactly that, to try to improve the production structure and therefore profit.
People underestimate the importance of this!
Post by twetch#622
Announcement: One more hard fork, and after that, it's over.
That hard fork, Chronicle: An immutable time ordered record of events.
No precise date.
Adjusting the difficulty adjustment cycle back to the original, requires certain amount of tx volume.
What the chain says
- Block
- 622 910
- Time
- 2020-02-20T16:42:14Z
- Signer
- 1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#622
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C VerifiedReplies (11)
I agree with this assessment... When revenue is based on transaction fees rather than a per-block reward, everything changes.
I'd be very curious to know what they believe the proper time/volume would be, and if/how it differs from my own thoughts.
Now it's time for us to step up and build.
2020: The year of functionality
Unlocking script unlocks boundless capabilities.
Bitcoin Scripting Language: Needs experts!!
Trying to motivate people to step up.
Become useful.
It's time to build.
Yes... yes it is.
nChain's public facing contributions have been infrastructure - soon, more that they've been working on will be released.
Good. Looking forward to that. We need anyone and everyone building. The more progress, the better.
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