What impact does Moore's Law have on the development of digital currencies?

1 answers

• Jan 14, 2022 · 3 years ago
  Moore's Law has had a profound impact on the development of digital currencies. The continuous improvement in computing power, driven by Moore's Law, has enabled digital currencies to evolve and expand at an unprecedented pace. With each iteration of Moore's Law, the processing power of computers has increased, allowing for faster and more efficient transaction processing. This has made digital currencies more scalable and capable of handling a larger number of transactions. Additionally, the increased computational power has led to advancements in encryption algorithms, making digital currencies more secure. Moore's Law has also played a role in the development of mining hardware, making it easier and more accessible for individuals to participate in the mining process. Overall, Moore's Law has been a driving force behind the growth and development of digital currencies.
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