Keywords/phrases: Could state authorities shut down Bitcoin at any time? A state-sponsored 51% attack would be very difficult. Even though a lot of the mining is in China, it's not as concentrated as you think; some of the pools are, but the mining farms themselves are distributed in very remote rural areas. In those areas, the mining farms represent a significant percentage of the local economy. Before a hired gun gets up and tells them to shut down the mine, you first have to pay them a salary, and the Chinese government is a minority bidder because the mining farm operator is paying them much more lavishly. Don't underestimate how much resistance you're going to see in areas where this is having a significant impact on incomes in rural areas that have excess capacity electricity. The biggest threat for the Chinese government isn't Bitcoin or America, it's a billion peasants with pitchforks who have decided they've had enough. They've been trying to forestall that from happening for 25 years. Economic growth in rural areas is the goose that lays golden eggs, which benefits them too. Don't overestimate how effective a 51% attack would be either, or how long it could be sustained, and what kind of countermeasures we could put in place. This is a system that will evolve, not just sit still and take the blows. After 7 years of Bitcoin, it's not because they're not trying or that they don't want to stop it.
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0:00 A significant fraction of the miners are in China. A 51% attack from China is easily available. To think that the Chinese miners would not attack, even with a gun to their head, is just unbelievable. There is nothing in Bitcoin that guarantees you won't have a 51% attack, if a nation-state dictates it
0:55 Before your hired gun can walk up and tell them to shut down the mine, you first need to pay their salary
1:41 The biggest threat for the Chinese government isn't Bitcoin, or even America
About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Music Video Generator
Random Pets and Animals Video Generator
Random Sports Video Generator
Random Travel and Events Video Generator
Random Gaming Video Generator
Random People and Blogs Video Generator
Random Comedy Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
Random Education Video Generator
Random Science and Technology Video Generator
Random Nonprofits and Activism Video Generator
