Fresh idea for BTC puzzle creators (let's vote)

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davealphaSenior Member
Posts: 257 · Reputation: 975
#1Apr 24, 2023, 05:29 AM
So, as we all know, most of the coins given out as prizes for solving puzzles are just about brute force. The person with the most computing power scoops up the rewards which is super unfair! We all get that tackling these complicated puzzles with numbers over 71 can take ages, sometimes even decades. But people wanna live in the moment! Why hang onto these coins if barely anyone has a shot at winning them? This also kinda breaks the whole Satoshi Nakamoto idea of one processor, one vote. For those solving the puzzles, it should be one brain, one vote. To illustrate my point, think about retirees in Australia with metal detectors hunting for gold nuggets just for kicks. I see puzzle-solving as a fun pastime for anyone, not just coders or math whizzes. Why not make it more inclusive? I’m suggesting we spread the rewards across different puzzles that regular folks from all walks of life can tackle, not just the tech-savvy. Bitcoin's part of many people’s lives, and often, they're not chasing after a massive jackpot. Even cash prizes like $100 can add up, and there'd be plenty of opportunities for everyone to flex their brainpower on fun puzzles. If you agree we need more puzzles for everyday people, share your thoughts here. Thanks for taking the time to read my idea. Hope the puzzle creators will take this into account and find ways to engage regular folks.
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BasedApeMember
Posts: 41 · Reputation: 202
#2Apr 24, 2023, 07:58 AM
I think the creator created those puzzles not to distribute his bitcoins to everyone. I think the motivation is to know how safe bitcoin is, or how powerful the new hardware now. The puzzle creator don't care about the average joe, he cares about the bitcoin security.
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davealphaSenior Member
Posts: 257 · Reputation: 975
#3Apr 24, 2023, 12:59 PM
To do this, you don’t need to create a puzzle, the creator is not an idiot, he knows perfectly well what equipment there is in the world and how much time it will take to puzzle resolve. The issue of security research is not in front of the puzzle maker, he is just laughing and mocking us, wasting our time is this not clear? Do you watch shows on television? So this is the same thing.
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BasedApeMember
Posts: 41 · Reputation: 202
#4Apr 26, 2023, 10:15 AM
The hardware keep improving and methods also keep improving. Without this puzzles we don't know the advancement of bitcoin tools and hardware. This puzzle is not created to entertain you, this serve as gauge of bitcoin security.
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#5Apr 26, 2023, 12:10 PM
It's a challenge, not a puzzle. It's designed to test Bitcoin's security, not to be grabbed at all unless some breakthrough innovation in computing power happens. Get a job.
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davealphaSenior Member
Posts: 257 · Reputation: 975
#6Apr 26, 2023, 03:33 PM
The hardware keep improving and methods also keep improving. Without this puzzles we don't know the advancement of bitcoin tools and hardware. This puzzle is not created to entertain you, this serve as gauge of bitcoin security. [/quote] None of the people who made these puzzles and staged this circus with a GPU power race are concerned about the security of bitcoins. Old wallets from 2010 continue to wake up and millions of old coins will collapse BTC price at any moment. I understand that there is no limit to greed and therefore the price of Bitcoin can grow indefinitely, but for some reason it is not customary to talk about old coins, everyone is silent as if these coins do not exist or they are lost forever. It is these millions of coins that pose a threat to the security of Bitcoin, and not the computing power of the video cards of users who hunt for coins, like a donkey following a carrot that is dangled in front of its head by its rider.
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