Comic Transcript
A: We took a week off because trying to explain NFTs hurts our poor circular brains.
B: But we’re back, so now I’m going to try to finally explain off-chain transactions.
A: Let’s see what ya got.
B: Well, the way a crypto transaction usually works is that before a transaction is considered valid, it’s written to the blockchain and then verified to ensure it’s legitimate.
A: Who verifies it?
B: Miners.
A: Miners? The people who run those massive rigs to churn out cryptocurrency? Those miners?
B: Yes.
A: The people who buy up every video card in sight and suck down more power than third-world countries? Those are the miners you’re talking about?
B: I think you’re being a little —
A: THE PEOPLE WHO ARE SOLELY RESPONSIBLE FOR ME BEING UNABLE TO BUY A MODERN GRAPHICS CARD FOR ANYTHING UNDER $900? THOSE ARE THE MINERS OF WHICH WE SPEAK?
B: I think we need to take another break.
2 comments
Yes, those miners, the ones using so much electricity they bought a generating facility in TX to run the computers.
Those miners who have scared China so much that it has thrown them all out, so instead they moved next door and caused the price of electricity to go up so much that there are country-wide riots and three days of internet shutdown in response?
And a happy new year to you and yours, CB. May 2022 be more than just 650-1000 Mar 2020.