Bitcoin Block 840000

This page summarizes the projects mentioned and recommended in the original post on news.ycombinator.com

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  • boinc

    Open-source software for volunteer computing and grid computing.

  • The only way I can foresee a cryptocoin actually holding value is if spending the coin meant spending processing cycles and RAM doing things like this:

    https://en.wikipedia.org/wiki/List_of_volunteer_computing_pr...

    But in more general sense, less like https://boinc.berkeley.edu/ and more like AWS...

    It's the only way to have value, actually holding computing power in a distributed network.

  • bips

    Bitcoin Improvement Proposals

  • Context: Bitcoin miners have just adopted a 50% pay cut for themselves. This pay cut was baked into Bitcoin protocol at the launch of the network (mostly, see "BIP 42" [1]). The OP link gives information about the block in which this pay cut was made.

    I get that HN comments tend to dismiss Bitcoin. But the fact that for the fourth time this pay cut has happened without a hitch speaks volumes to what makes Bitcoin interesting: It's a rare combination of economic incentives and technology that keeps chugging. Nobody can stop it. And it's extremely resistant to change. It requires no governmental approval. All attempts at subversion or interference have failed. There aren't many things that come close to that kind of record.

    [1] https://github.com/bitcoin/bips/blob/master/bip-0042.mediawi...

  • InfluxDB

    Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.

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NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

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