When a Tesla Car Becomes a Bitcoin Node…

When a Tesla Car Becomes a Bitcoin Node…
фото показано с : bitcoinist.com

2020-1-18 15:27

Bitcoin users recently decided to try using their Tesla electric car as a full BTC node, and it worked. Tesla Electric Car becomes a full Bitcoin node Electric cars and digital currencies are not usually two things that people would think to connect in any way, but they do have a few things in common. Both are considered emerging technologies that can make the world a better place. Both are also becoming increasingly popular around the world. However, according to a recent video that was posted by some members of the Bitcoin community, they may establish an even deeper connection. The video in question shows that Tesla cars can also be used for running Bitcoin. Crypto fans used the car’s onboard computer system to turn the electric vehicle into a Bitcoin full node. Downloading full blocks to this @Tesla pic.twitter.com/j4L84QycxX — bcoin (@Bcoin) January 16, 2020 As unlikely as it sounds, the attempt was actually successful, and its success was ensured by a project called Bcoin. This is a project that seeks out the alternative implementation of the Bitcoin protocol, which can be used to run a node on any machine. As a result, the Bitcoin network briefly had an entire car, helping with the process of running the world’s largest digital currency. Why Running a BTC node on Tesla is a bad idea Of course, while this was quite a unique way of presenting the Bcoin project, as well as Tesla’s capabilities — running a Bitcoin node via the Tesla car is probably not the best idea. As many already know, running a Bitcoin node requires a lot in terms of resources, including processing power. Not to mention the fact that the computer that is used for running a node needs to download and process Bitcoin blockchain’s data, which could dangerously interfere with the UX experience of the car’s computer. Not a good idea! Two problems… 1) Memory & processing concerns that could impact UX2) Wear on internal storage. Honestly, my biggest concern. #Tesla is known to have issues with memory module lifespan due to limited read/write cycles. — Brandy Lee Camacho (@brandylee79) January 17, 2020 Furthermore, Tesla car’s memory modules were already known for being problematic due to limited read/write cycles, and using the car for running a blockchain node is likely to interfere with them further. However, according to Bcoin’s developers, they were familiar with these problems. In fact, their website even features a warning that reads: “This will use a lot of your bandwidth, CPU, and potentially disk space.” In other words, they likely did not try to run their new car node for very long, just long enough to record a video and prove to the world that it was possible. While this is the first time that a car was turned into a Bitcoin node, it is not the first time that the crypto community tried to use non-PC devices for running a full node. In fact, one experiment revealed that Raspberry Pi single-board computers are pretty good when it comes to syncing the blockchain. Another thing to remember is one thing that Twitter and Tesla have in common, which would be the car maker’s CEO, Elon Musk, who is well known for his presence on Twitter. So far, Musk did not share his thoughts on this experiment. He also never admitted to being a crypto investor, although he started dropping crypto references in his tweets quite often in the last several months. On one occasion, he stated that Bitcoin is ‘quite brilliant,’ and on another, he said that ‘Ethereum deserves some merit.’ He even revealed that Dogecoin is likely his favorite coin. What are your thoughts on using Tesla cars for running a Bitcoin full node? Let us know in the comments below. Image via Twitter: @Bcoin, @brandylee79 The post appeared first on Bitcoinist.com. origin »

Bitcoin price in Telegram @btc_price_every_hour

CarBlock (CAR) на Currencies.ru

$ 0.0002655 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0002655 - H: $0.0002655
Капитализация $0 Rank 99999
Цена в час новости $ 0.0013336 (-80.09%)

electric bitcoin node car tesla full becomes

electric bitcoin → Результатов: 76


Фото:

Bitcoin Market Dominance Is Actually Over 75%: Ex Google Exec

Bitcoin in fact accounts for a much larger proportion of the overall cryptocurrency market, a former Google and Facebook executive has claimed. Bitcoin Market Dominance Has Long Been over 60% Presenting new figures on social media August 6, Avichal Garg, who now runs cryptocurrency asset management firm Electric Capital, said standard methods for measuring Bitcoin’s dominance were flawed.

2019-8-6 13:00


Bitcoin, XRP & other cryptos may ‘catch on or they won’t,’ but market doesn’t differentiate, says David Schwartz

People have always feared and/or worshipped what they do not understand. This has been evident since the adevnt of civilization. People feared the invention of electricity, the invention of the electric bulb, the Internet and the DotCom bubble and right now, it is Bitcoin and the cryptocurrency market.

2019-7-10 16:00


Фото:

Bitcoin scammers foiled by victims who simply hung up on them

Bitcoin fraudsters have actually failed for once! Hawaiian Electric customers have successfully been ignoring a “robocall” scam requesting they pay a Bitcoin amount in exchange for keeping their electricity supply running, hah! According to Hawaiian Electric, of the more than 70 scam calls reported, none of the customers paid out any money – an encouraging sign that customers are simply ignoring the scammers.

2019-4-16 13:31


Фото:

The U.S. Department of Energy Using DLT to Protect Electric Grids

In a bid to safeguard modern electric grids from cyber attacks, the United States Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) has announced Phase II of its blockchain-based electric grid security project in collaboration with Taekion, a distributed ledger technology (DLT) and cybersecurity platform, according to a press release on April 10, 2019.

2019-4-12 01:00


Отчет: число разработчиков Ethereum (ETH) в 4 раза превышает их количество в Bitcoin Core

Новый отчет подтверждается, что Ethereum имеет самую большую поддержку в отрасли для разработки кода среди всех криптовалют. Несмотря на то, что монета занимает второе место по рыночной капитализации, уступая Биткоину $55 млрд, в отчете, опубликованном компанией по управлению криптовалютой, Electric Capital было установлено, что у Ethereum больше всего разработчиков протокола сети из всех криптовалютных проектов.

2019-3-10 20:16


Биткоин, нефть и акции технологических гигантов теряют в цене

Цена биткоина падает, за неделю он обвалился на четверть и торгуется на уровне $4,5 тысяч. Продолжается снижение в цене Ethereum - до $132. За последние сутки подрос только Bitcoin Cash (BCH) с $214 до $233.

2018-11-21 09:32


Twitter Bitcoin Scams Take New Leap After Verified Twitter Accounts Impersonate Elon Musk

Technology entrepreneur and visionary Elon Musk, popularly known for electric cars, reusable rockets, and PayPal, is increasingly seeing an uncanny association with Bitcoin for the wrong reasons. Scammers are capitalizing on Musk’s Twitter social media prominence to spin out hopes of cryptocurrency returns – with gains even more spectacular than the famed 2017-bull run.

2018-11-19 15:40


Bitcoin (BTCUSD) Price Analysis: Bullish Pin Bar Prints, BTC Could Recover

Latest Bitcoin News As reported, there is a possibility that Tesla, the electric and Eco-friendly car manufacturer, could accept Bitcoin and other cryptocurrencies as a form of payment. Though Tesla is yet to confirm, Zhao Changpeng tweet that he will buy a Model T subject to Tesla acceptance of BTC is interesting—and exciting for coin […] The post Bitcoin (BTCUSD) Price Analysis: Bullish Pin Bar Prints, BTC Could Recover appeared first on Ethereum World News.

2018-10-25 16:31


Фото:

Did American Express Get Caught Spreading ‘Anti-Crypto Propaganda’?

US multinational financial services corporation American Express (AMEX) has appeared to join the traditional finance entities publicly criticizing cryptocurrency. Energy Usage: Fact Or FUD? As social media users noted October 15, the company recently “promoted” a post by Bloomberg’s TicToc Twitter-based news portal which claimed the cryptocurrency industry “is using more energy than all the world’s electric vehicles.

2018-10-17 16:00