These are eight, random "Daily Photographs" from my personal Flickr collection.

Wednesday, July 19, 2017

Knowledge (and Hash Rate) is Power!

Although every month is an interesting month for Bitcoin, this one is ever more so. In occasional posts, I generally focus on the increasing value. Today each bitcoin is the equivalent to about $US 2315.00 but I'm focused on another aspect of the technology.

bip91

The field of cryptocurrency seems like something dropped on earth by aliens. It is a fantastic, nearly otherworldly, use of mathematics. Yet, human factors play just as important a role as with any other human endeavor. Bitcoin has been an ultimate test in technology and human interaction.

For a few years, there have been disputes on how to best scale the system. Having no centralized control means that changes must be agreed upon by participants. Of course, you know how very, very wrong an election can go! This one is not turning out how I'd like either.


2010 Games (23) AirAsia (10) Alaska (4) Alaskan Cruise 2001 (6) Alberta (14) AllegiantAir (9) amazon.com (6) Amsterdam (9) analog (12) Android TV Box (28) Apple Inc (16) Arts and Literature (17) Bahrain (32) balcony (90) BBS (6) BC Ferries (16) BC-WA Road Trip 2013 (6) BCIT (325) beach (64) beer (35) Bella Coola Road Trip (11) Bellingham (26) bikes (15) Bitcoin (31) Bloedel (8) blogging (223) Bret (51) briefcase (6) British Columbia (127) Bulk Barn (7) Burma (Myanmar) (17) Cairo 2015 (4) Cambodia (20) camcorder (49) Canada (80) Canada Day (21) Canadian Superstore (54) Carnarvon Place (17) cars (63) Central America 2011 (35) China (9) China and Malaysia 2011 (26) Christmas (86) Class of 1977 (14) Coastal Cruise 2006 (12) Columbia Station (10) Columbia Station Noise Problem (5) Columbia Street (35) community gardens (5) complaints (85) computer lab (21) computers (118) credit card (10) cross-Canada (12) Cruise to New Zealand 2017 (2) dentist (7) Desert Southwest (23) Dictionary (2) digital camera (120) digital picture (27) dinosaurs (5) Don (23) drinks (28) driving (35) Dubai (58) Duck Swap (29) Duolingo (1) early retirement (67) Ecoped (17) Electric Vehicles (12) email (54) errands (160) Eurotrip 2005 (30) Eurotrip 2007 (41) Eurotrip 2010 (40) EVO Car Share (4) father (19) feelings (314) file archives (29) financial (1) fireworks (9) flash memory (17) Flickr (210) Flickr slide show (31) Flipboard (9) flora and fauna (100) flying (61) food (200) Fraser River (89) futurecast (20) games (18) glasses (12) Google (70) Google Earth (22) government (53) GPS (36) grandmothers (11) growler (4) Halloween (4) hard disk (14) hardware (49) Harrison Hot Springs (6) Hawaii (7) Hawaiian Shirts (5) HDTV (57) health (73) Hollywood (4) Hong Kong (8) Hulu (10) humour (38) Hurghada 2015 (6) Hurghada 2016 (4) Hyack Parade (8) In-front-of-series (6) India (26) Indonesia (10) Instagram (1) Internet (262) IP (24) Italy (21) Italy 2008 (23) Jay's Surgery (25) Joel (85) Kenya (5) Kiva (7) Kuwait (27) Laos (9) Las Vegas (21) Last Will and Testament (1) Laurie (21) library (24) light bulbs (5) Linux (2) lists (33) London (7) Los Angeles (14) Luxor 2014 (6) maintenance (72) Malaysia (14) mattress (5) Mediaplayer (29) Mediterranean Cruise 2017 (10) Mexican Cruise 2008 (12) Mexican Property (18) Mi band (8) Mini-Road Trip 2014 (8) Minuwangoda (29) money (174) monkeys (9) Moon Bugs (4) Mother (7) mountains (33) movie musical (18) movies (177) Mt. Baker (7) music (70) musical theatre (8) My YouTube (48) National Geographic (11) Near East Trip 2014 (33) Near East Trip Planning (9) Nepal (9) Net apps (85) netbook (20) Netflix (24) New Westminster (549) New York City (32) NewWest filming (10) NH Trip (10) Niagara Falls (2) Nikon P900 (7) Nikon S9900 (21) Nile Cruise 2016 (4) NYC2005 (16) NYC2009 (10) Okanagan (18) Ooma (5) opinions (236) Our 10-Year Plan (16) Pandora (7) parade (6) Paris (12) passport (10) Pattullo Bridge (18) PBS (15) Penang 2011 (5) Persian (1) pets (50) Photo Sphere (14) Pier Park (57) pig (8) Pinterest (30) Pinto (10) podcasts (46) Portland (15) Portland Pride 2009 (6) printers (10) privacy rights (11) PS3 (30) Puerto Vallarta (46) Puerto Vallarta & Guadalajara 2010 (24) Puerto Vallarta 2012 (8) Puerto Vallarta 2013 (8) PVR (14) QR Code (7) Quay (26) Queen's Park (36) quotations (131) Qurna Market (7) Ranger (52) RC vehicles (9) relaxing (24) review (42) road trip (89) Royal City Mall (7) Royal City Star (10) RSS (22) Russia (2) San Francisco (12) sandals (11) Saudi Arabia (45) Scandinavian Cruise 2016 (24) sci-fi (22) SE Asia 2013 (53) searching (15) Seattle (26) sharing (31) shaver (7) Siem Reap (8) Sigiriya (7) Singapore (5) SkyTrain (41) smartphone (88) social networking (121) software (60) Southwest Road Trip (8) souvenirs (16) Sri Lanka (93) Sri Lanka 2004 (54) Sri Lanka 2006 (29) Sri Lanka 2009 (35) Sri Lanka 2012/13 (94) Sri Lankan food (45) Sri Lankan Property (15) staff (4) Stanley Park (4) stars (34) Street View (33) students (102) Sunapee (72) Surrey (35) T&T Supermarket (11) tablets (48) technology (103) TED (1) telephone (42) television (159) temple (31) Thailand (16) The Harbor Gameroom (15) the Maldives (1) The Wedding Weekend (6) the Wenas (29) Then and Now Images (3) thrift shop (22) Tim (56) Time Machine (1) Tipperary Park (38) to (1) tour (1) tourist shots (43) train (20) transit (61) travel planning (173) TRS-80 (5) TuneIn (2) Tunis 2016 (6) Turkey (Country) (5) Vancouver (170) Vancouver Island (25) Vietnam (9) Villa Diletta (27) Walmart (32) Washington DC (16) weather (367) webcam (22) Windows (53) winter 2014-15 (149) Winter 2015-16 (161) winter 2015-16 (planning) (17) Winter 2016-17 (planning) (16) winter 2017-18 (planning) (2) World Vision (17) zip.ca (20)