I will NOT grant you this. Please, give me actual technical details on WHY it requires ever increasing compute. You've said network security, what about it requires ever increasing compute.
I will NOT grant you this. Please, give me actual technical details on WHY it requires ever increasing compute. You've said network security, what about it requires ever increasing compute.
You can read the paper and understand the principles it is based on, which is rooted on balancing computational asymmetry amongst other concerns across a network of computers. On the most simple level, if you are aware of hashcash and sybil resistance you should be able to figure it out.
If you're still confused: then answer yourself the question why does the bitcoin algorithm adjust to computational power?
Just fucking say it, what's with the running around?
Are you unable to explain it?
But maybe you have links to others who are able to explain it, not the Bitcoin paper which obviously does not lead one to think network security will subsume all available matter for compute.