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<blockquote data-quote="Brownslave688" data-source="post: 3871509" data-attributes="member: 34439"><p>Ok let me try to break down the extremely technical wording and insane looking algebra. </p><p></p><p></p><p>I can beans. To insure that those beans have the quality I expect and to trace them back should anything become contaminated (think romaine lettuce) I want to use blockchain to track my beans. I pay 5 cents per can to use the blockchain. </p><p></p><p></p><p>You own the necessary 1k coins to run a node for this blockchain network. By running a node you are verifying everything that happens on the blockchain. For doing this you will get a portion of those 5 cents paid per can. Of course these numbers are completely made up but you can see how it works. </p><p></p><p></p><p>Now take a beans manufacturer and add lays potatoes chips and nestle candy and Campbell’s soups, etc etc You see how this could add up very fast right?</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 3871509, member: 34439"] Ok let me try to break down the extremely technical wording and insane looking algebra. I can beans. To insure that those beans have the quality I expect and to trace them back should anything become contaminated (think romaine lettuce) I want to use blockchain to track my beans. I pay 5 cents per can to use the blockchain. You own the necessary 1k coins to run a node for this blockchain network. By running a node you are verifying everything that happens on the blockchain. For doing this you will get a portion of those 5 cents paid per can. Of course these numbers are completely made up but you can see how it works. Now take a beans manufacturer and add lays potatoes chips and nestle candy and Campbell’s soups, etc etc You see how this could add up very fast right? [/QUOTE]
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