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@Lmecir
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(comment)
The first paragraph of the article contains a typo: "or other any other". I suggest you to replace it by "or any other".
@lmecir
6 months ago
(comment)
"when you're looking at energy efficiency as a measure of energy usage per transaction" - the demagogy is, that VISA is never characterized as inefficient by the major media, while BTC is never char...
@lmecir
2 years ago
(comment)
When compared, e.g. to VISA network, BTC is more efficient. See the https://read.cash/@lmecir/efficiency-of-bitcoin-27df3d6e article. Therefore, many of the "waste" claims are just demagogy. BCH s...
@lmecir
2 years ago
(comment)
Yes, the efficiency of BCH is better, the calculated mean processing percentage as of 31 August 2021 is 0.081%. I will create a plot soon, if that is what you want.
@lmecir
2 years ago
@lmecir
·
2 years ago
Efficiency of bitcoin
The notion of efficiency Efficiency is measured as the ratio of useful output to total input, which can be expressed with the mathematical formula r = P / C , where r is the efficiency, P is the...
4 likes
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2
comments
@lmecir
·
2 years ago
Amendment to the Calculation section of the Bitcoin white paper
Finding out that there are some missing aspects in the Calculation section of the Bitcoin white paper, I wrote an article on it. The article contains several formulae, which forced me to write it in T...
0 likes
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0
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@lmecir
·
2 years ago
What is bitcoin?
Introduction Publicly introduced in 2008 and existing since 2009, bitcoin is still quite new. While many articles and books on bitcoin exist, the characterizations of bitcoin their authors offer are...
2 likes
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0
comments
@lmecir
·
2 years ago
The cost basis of split coins
Introduction How to calculate the cost basis of coins coming from a split? Example calculation - bitcoin split on 1 August 2017 On 1 August 2017, 1 bitcoin split to 1 BTC and 1 BCH. On that date, t...
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@lmecir
·
2 years ago
Selected Bitcoin Cash statistics
The closing date of this article update is 31 March 2024. Daily volume A plot of daily volume in US dollars. In the plot, the maximal daily volume is $46,739,211,410. The minimal daily volume is $...
3 likes
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@lmecir
(user)
2 years ago
