[hackerspaces] bitcoin

[Paul Bohm]

the tech paper is here: http://www.bitcoin.org/bitcoin.pdf

essentially it's a distributed transaction log that prevents
double-spending.
http://bitcoinweekly.com/articles/bitcoin-is-worse-is-better provides some
context.

Interesting tidbits from other places: if you'd bought $100 USD worth of
bitcoins 8 months ago, you could sell them for $14100 USD now.

The computing power of Bitcoin Mining has reached about half the total
computing of all the top 500 Supercomputing projects in the world COMBINED,
and within a few weeks will surpass it.
http://www.bitcoinminer.com/post/5872990977/hashing-difficulty-434877

(if that last paragraph doesn't make you stop and think, you have no pulse)

I'll post a blogpost with some more thoughts soon, join my bitcoin facebook
group to stay updated:
https://www.facebook.com/home.php?sk=group_132548986823555

- enki

On Sat, May 28, 2011 at 3:03 AM, Koen Martens <gmc at sonologic.nl> wrote:

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> On Sat, May 28, 2011 at 11:27:25AM +0200, Mel wrote:
> > Sounds great to me as well. Bitcoin is still a little obscure and a
> lonely
> > activity as it is and anything that could make it easier to understand
> > (through people who *actually get it* explaining the concept) and less of
> a
> > solitary thing (by meeting others) is worth doing.
>
> Hmm, i've been trying to 'get it' for a bit now, but haven't found anyone
> who can explain to me how it works. I mostly have heard about how how
> it will change everything, the economical aspects etc.. But not a lot about
> the cryptographic background. If anyone could point me somewhere where I
> can foud what it really is about, would be much appreciated.
>
> Gr,
>
> Koen
>
> >
> >
> > --
> > Hackers Ouverts - Hackerspace nomade en Île de France
> > http://www.hackersouverts.fr/
> > http://twitter.com/hackersouverts
> >
> >
> >
> > 2011/5/28 Paul Bohm <bohmps at gmail.com>
> >
> > > Just saw this:
> > >
> > >
> > >
> http://www.bitcoinmoney.com/post/5894406565/cincinatti-hive13-bitcoin-local-exchange
> > >
> > > A hackerspace in Cincinatti, Hive13, has started what hopefully is a
> trend.
> > >  During the Tuesday meetings the hackerspace also becomes a Bitcoin
> local
> > > exchange <http://www.hive13.org/?tag=bitcoin>. [...] Hopefully more
> will
> > > follow Hive13’s lead.
> > >
> > > Sounds like a great idea to me. What do you guys think?
> > >
> > > - enki at hackerspaces.org
> > >
> > >
> > > _______________________________________________
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> > > Discuss at lists.hackerspaces.org
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> > >
>
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>
>
> - --
> http://www.sonologic.nl/
> http://koenmartens.nl/
> https://www.revspace.nl/
> http://hxxfoundation.com/
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