It’s a new year, and with that new year come all the normal social media circle jerking centered around predictions of “what will happen in 2020!” I wanted to extend that out a bit, and look at the next decade. But first, I wanted to spend a minute going over the last (yeah, I know I’m a year late, blah blah) to really drill in how far things have come.
Mining and Network Security
In 2010 the network was secured by hobbyists desktop CPUs, trivially over powered by any large resourceful actor. At the start of 2020 it is secured by billions of dollars of hardware consuming the collective electricity requirements of entire small nations, supplied to the operators by many different companies valued at billions of dollars (given, pie in the sky valuations, but still). In 10 years, the security mechanism of the network shifted from consumer hardware and hobbyists to specialized ASIC equipment and professionally managed data center operations.
Protocol Development
In 2010 you could se
We współpracy z: https://bitcoinmagazine.com/culture/the-next-decade-part-1-the-road-behind
