This statement is absolutely true:
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down)
Topic: New Scientist - How Bitcoin Works (Read 977 times)
I don't understand why you'd think that, the segment was very short and they didn't really need to explain anything more than they already did.
"Transaction fees are voluntary and are very low"
"Transaction fees are voluntary and are very low"
Not bad.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.
It does mention fees, explains everything quite well actually.
The Youtube video in the original post does not mention fees at all.
Very good Bitcoin video on how it all works in layman's terms and easy to understand graphics.
Something like this should be on https://bitcoin.org/en/. Their video is already dated.
Something like this should be on https://bitcoin.org/en/. Their video is already dated.
Not bad.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.
It does mention fees, explains everything quite well actually.
I don't want to subscribe therefore I can't read what it says.
Pretty decent summary of how mining works, and proof of work, if a touch simplistic
All in all, pretty good
All in all, pretty good
Not bad.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.
It forget the point about miners getting the transaction fees(which could lead to people asking why would miners keep mining, when the block reward goes down), but I guess you have to make compromisses, to be informativ, but not to complex.
Very nice indeed 
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