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1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Wednesday, 10-Apr-2019 13:18:49 EDT lnxw48a1
   Imagine being in a high school math class. The assignment is to verify the accuracy of a set of transactions and to announce and distribute your correct proofs before the other students, so they can verify your work. After enough of the other students verify your work, your work becomes part of the permanent record and you get a reward.
   
   Mining #BTC / #LTC / #BCH in a nutshell.
   1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Wednesday, 10-Apr-2019 13:21:36 EDT lnxw48a1

      in reply to
      I’m trying to find a way to distill the concepts behind !cryptocurrency and mining into normal American English (and ignoring ubermath terms like hashing). The above feels close-ish, but not there yet.
      1. GeniusMusing (geniusmusing@nu.federati.net)'s status on Wednesday, 10-Apr-2019 13:42:11 EDT GeniusMusing

         in reply to
         @lnxw48a1 This might make some interesting reading.
         https://www.banking.senate.gov/imo/media/doc/Roubini%20Testimony%2010-11-18.pdf
         1. lnxw48a1 (lnxw48a1@nu.federati.net)'s status on Wednesday, 10-Apr-2019 14:08:40 EDT lnxw48a1

            in reply to
            @geniusmusing It is interesting, but I’m just trying to find a way to explain it to someone without them necessarily becoming pro-cryptocurrency or anti-cryptocurrency.