I am not an expert
Im sure Harry /Baldrick or one of many PC monke swill correct in depth
In essence the Blockchain used by Bitcoin unlike proposed Libraa/Diem requies a shared ledger
This databse is electroninc of course requiring millions of machines that require ASIC chips like a SSD
These whirr away and often located where electric is cheap ? or can be stolen from utilities or peers.
Deep dive into tehse thechnical matters will reveal malware can be inserted into teh phones or PCs of the moronic and increasingly almost ayone without high securtiy
They use your spare capacity to "Mine"
The miners are rewarded for proof of concept
This is now relatively old tech and ethereum and others are considering other ways to vailidate teh blockchain that are less energy intensive
Its hard to regulate in sesnse global net , malware easily downloaded even for those who dont torrent use Birmigham Mafia pornsights or gambling scams
An Israeli firm had a no click thingy reported on iPhones recently
I'll leave Harry Butters etc to give you the total picture or Go Ogle is our friend
Feds insisted Diem be ficexed to $ dominated basket (interestingly 7% Singapore $)
Zucks ew crapto was to be regulated in CH but Feds an French terrified of a new controll of debt/credit with billions of users.
China's scheme to be hold backed
.
I suggest you follow our security thread and other reputable sources, many so called web cleaners are themselves useless or scams or like Pirifoem now discredited.
Despite his football handicap, and misforune with that Chinese Dildo Uncle Harry inter alia does his best to alert us plebs to some of the issues.
https://teakdoor.com/computer-news/1...ty-news-thread
Best Regards Cy , you provide a wonderful counterpoint to all the fun and levity here aboots and without you I would be the least pupula pister by a long chalk.