Topic: WHY BITCOIN USERS EMBRACE THE THEORETICAL ASPECT TO TECHNICALITY IN BTC - page 2. (Read 308 times)

Can you not get the technical knowledge on the Internet too?

I think a lot of the technical knowledge you might be referring to could be out of scope for a lot of cryptocurrency users (unless it's things like how blockchains actually work).

There is a culture among programmers mainly but I think it's a thing that's happened for a long time in other disciplines of people becoming very specialised on something specific and then offering help to newcomers and people with other specialisms that have that topic as a weakness - people normally then broaden their scope after specialising or pick other areas to focus on learning too.

Everything to do with bitcoin nodes (the main backbone of the network) is open source and a lot of mining software too is open source - there is also a lot of documentation on both that's freely accessible from places like the bitcoin wiki that are useful for gaining a technical understanding. The algorithms bitcoin uses are not exclusive to bitcoin, you can search elliptic curve encryption and even the documentation for the encryption system bitcoin uses and have them presented to you in your preferred format (the same can also be said for hashing algorithms).

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In case it gets mentioned here or stems from this topic, the problem with Luna was always going to be around and will persist for some time as there are issues with doing things like maintaining a peg to the dollar while being decentralised - because how do you get your price for what a dollar is worth (to match your stablecoin) without adding some level of centralisation.

Bitcoin is quite technical and the technical aspect is more difficult to understand and embrace by ordinary Bitcoin users, since that requires a good knowledge in various aspects such as Bitcoin mining software and equipment installation and other technical development with good computer programming knowledge since Bitcoin deals more with mathematical codes that are generated through programming algorithm, this technicality is not easily understood so most Bitcoin users only focus on the theoretical aspect of Bitcoin because is easier to understand and do not involve computer programming knowledge to carry out basic Bitcoin functionalities such as sending and receiving Bitcoin, storing Bitcoin in a cold wallet and spending Bitcoin this just requires basic knowledge to get it done and that is why most Bitcoin users rather limit themselves within this circle and that jas made the technical aspect of Bitcoin to lack the necessary man power and is leading to technical support bankruptcy in the system. It is best we now shift attention to the technicality of Bitcoin 80% of users in this forum will agree with me that the level of Bitcoin technical knowledge is low compared to the theoretical knowledge which can easily be gotten everywhere on the internet.