@MattBochneak @juscamarena @pmarca Full node = trustless, embedded chip = decentralizes Bitcoin mining + permissionless innovation.
@jimmyhomma @lisacheng @JeramieT Yeah, I think machine to machine payments have a lot of potential, adding value to the Internet of Things.
@MattBochneak @juscamarena @pmarca @amazon it’s not meant to generate coins humans use to purchase retail items. It’s a platform for devs.
@lisacheng @JeramieT @jimmyhomma @amazon If you think that this is a for profit mining machine, you’ve missed the point.
@ziggamon It’s a great idea as a platform. It won’t succeed unless the platform is powerful and easy to use.
@robustus @kristovatlas My hope is that socialization of mining via embedded chips results in the death of centralized for-profit mining.
@kristovatlas @balajis has stated that they determined the cost of obtaining / preloading is higher than mining; could use more details!
@kristovatlas @robustus Imagine how nice it would be if the value provided by devices such as this is sufficient to decentralize mining…
@ziggamon I think that the micropayments server / any other software they provide will be crucial to give the device value.
@kristovatlas It’s hard for me to put a value on it considering that it’s not a for-profit miner. Value will depend upon dev creativity.
Only time will tell if it’s genius or ridiculous, but in light of continued community skepticism to @21dotco: pic.twitter.com/D4yR7FnWum
LaurentMT @lopp @kristovatlas For me, the most intriguing/interesting part is this idea that full nodes may be financially incentivized… #WaitAndSee
@kristovatlas I’d say it will hinge upon how easy it is to use the micropayments server.
RT @21dotco: The 21 Bitcoin Computer
https://t.co/p3jQ2qJKn3
Buy it here: http://t.co/x0icrqrgqo
RT @21dotco: The First Bitcoin Computer.
http://t.co/pVxc4TCZwi
Now available on Amazon. Ships 11/16.
https://t.co/xHhT08XOdK
FYI Bitcoin wallet engineers: Bitcoin Core will start rejecting txs with many unconfirmed ancestors / descendants. https://t.co/sZAzxyw3ru
@jfreebo @Kevin_Ashton @asymco I believe that their interpretation affected the applicability of https://t.co/DehxvDdjk6
@ivovic @speedweasel @asymco Progress is being made; it’s not going to happen overnight. https://t.co/Tgc1V43dXr
@speedweasel @ivovic @asymco It’s been OK, but we need to make it more decentralized. I’m hopeful that mesh networking will succeed.
@Kevin_Ashton @asymco I spent some time Googling around but without much success; authors are reputable but I’d like to know specifics.
@ivovic @asymco The Internet is decentralized, just not as much as it could be. A mesh network would be preferable…