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Comments on the bit coin algorythms

Posted By: GeorgeEaton
Date: Thursday, 21-December-2017 10:20:01


The algorithms used to identify and mark each bitcoin is nothing more than a simple form of the Sudoku number puzzle. They tell us there are 21 million correct algorithms and once they have them all that is all there is. But I remembered in Sudoku that there was also a high number of combinations to the 9 by 9 squares of numbers. The number I saw on line by a mathematician was over 16 billion: 16,930,529,280

(this following is from on line, quote) "I have been thinking about how many possible variations there are.

By my reckoning the number is factorial nine times six to the sixth

power, i.e., 16,930,529,280."Neville (Unquote)
(There are several other variations and numbers by other mathematicians as well)

The number game was invented in France and put in a newspaper. Later it became popular in England, then eventually made its way to Japan where it got the name Sudoku.

It seems to me if the Bitcoin mania wants to find more numbers (in a puzzle form) all they have to do is utilize the Sudoku number of combinations and they can have a minimum of 16 billion more algorithms. It also seems to me that all this is - is finding a number to place on a coin or a form of money - much like they place a serial number on a dollar bill. They create a dollar bill out of thin air, assign a number to it then place it in circulation and we all spend it like it has value. They are doing the same thing with Bitcoins and all the other crypto coins today that people are buying like hot cakes. They truly have no value beyond what people 'think' they have. And, the so called "mining" they are doing with computers to come up with the algorithms is nothing more than identifying a particular series of numbers that are in a unique position.

The next unique thing about crypto coins is the computer checking of each algorithm to verify it is genuine, which they call the "blockchain" on the internet. Which is nothing more than a few computers randomly picked world wide to check the computations and registration on that particular Bit coin. This of course bypasses the banking and government control of money. How and why this is being allowed by the governments is so far a mystery. But this novelty mania could come to a sudden collapse once they declare it illegal or that it needs to be run and regulated by them alone - "to protect the people" of course.

Which begs the question why hasn't anyone come up with an improved crypto coin that has 16 billion algorithms rather than a measly 21 million? Or, if you're looking for more random numbers consider the remainder in the Pi equation which is part of the computation of a circle compared to its diameter - it is literally endless beyond the initial 3.14 equation...
George Eaton


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