“It had happened, finally happened! OMG I’m gobsmacked” thought Josh as he watched the scrolling laptop screen data. Whilst he had a load of ASIC’s all connected to the system mining his digital gold, Josh’s main love was programming an old idea into a new system.
Josh Hartley is a twenty nine years old, slim build, brown hair, Philippino father and English mother, he had inherited his mother’s side physique but his father’s color, so he was a tall caramel brown attractive young man with a genius IQ and a terrible craving for twiglets. Yes, you heard it here first, twiglet’s the British marmite snack that only they suffer, mmmm, but how they suffer and squirm with every delicious bite of every morsel of hard twig like crunchy marmite caramel coated deliciousness.
Sitting in his small Blackpool flat, just one road in from the promenade, and behind the tower. His room a typical 1950’s I forgot to redecorate wallpaper type room with effusive flowers and even more effusive mould in the corners. A small window overlooking a cluttered back yard and even more cluttered rooftop view of more small windows and cluttered back yards. As usual the grey weather added to this wonderful British atmosphere. As Les Dawson once stated, all that was missing were suicide booths, but then he was discussing St.Annes, the little snob town next door.
But back to Josh’s screen, lines of code rolled down as his system checked and rechecked the syntax as well as tested it out on his home server. A blockchain based technology, or to be precise and upgraded blockchain type code that had one difference, it didn’t just time stamp it also ensured that a micro-percentage of every transaction would be set aside, so that every miner using the system would be “donating” thousandth of a crypto coin with every crypto coin mined. Such a small amount should go unnoticed, at least for the next decade. Once the crypto currencies reach their finite limit they will start to fractionalize and the it could be noticed. However, Josh thought that if one thousandth of a coin were stored away, for every thousand coins he gains one, and since there were so many crypto currencies out there, all he had to do was try to add the adaptation across the board.
One question remained, what incentive could he give the blockchain that would make it prefer his upgrade, and this is where his genius came. Adding a hash shortcut, or basically solving the famous P versus NP logic problem and in doing so could actually hash problems at a much faster rate, in fact he was introducing un-hashing, his system when given a problem gave an immediate solution using the P vs NP algorithm he had installed. This would reduce the mining time to pico seconds compared to what it was now, and even more so, it allowed for full blockchain usage rather than scaled ones.
The interesting situation was this, Josh had solved one of the blockchains biggest problems, and rather than cash in on it through a venture, he preferred a more criminal way to do it. So here we are in his small bedroom, in his small house, in a small town in a small country…but o-heck what a big reach he had.
Yet sometimes a big reach can end up getting a lot of your arm chopped off, especially if you out it in a dark black hole. The crypto-currency world is overpopulated with rather shady elements, special elements that blend in quite well, magnificently in fact in the internet underworld called the shadow economy. Here in the shadows of unregulated currencies swim sharks and other carnivores even more frightening than that. These dear creatures, so bloody and cruel check every movement of their income down to the micron, and so a thousandth of a coin is a very very large chunk if you use an electronic microscope to view your world.
Once such creature was Vassily Edvin, a rather noxious sort, although if you met him you would most probably think he was an accountant in a shoe factory. He was so average in everything including his slightly balding head, although at fifty-four going bald is also quit average. Vassily or Vas to his friends of which he could count on one hand with five fingers closed, was always very calm, very considerate, and very territorial. So much so, that if he even thought that you had thought of entering his domain your entire family would disappear along with you. So even if you are a bit of a gambler, unless you are an orphan, reconsider thinking about thinking about dear old Vas.
And here we are, back again in the dingy room in the dingy house in Blackpool. Josh got up, pulling his entire five-foot seven thin yet wire hard frame off his rather comfortable reclining desk chair. You’d think that all the sitting and eating would make him ever so fat, but not our Josh, no, not him. He likes to kick box and weight train and swim every day, six days a week and also likes to run 2 miles a day on the sand hills by the sea. Our Josh might seem stroppy, but was in fact ex SAS, having joined up when he was eighteen and served for ten years. He picked up programming during his tenure in the army after busting up a few terrorist cells that specialized in financing their deadly actions with fintech financing.
What a wonderful world we live in, where a deadly predator seeks an even more deadly prey. Although our predator is not stupid and nor is he personally violent, no, he prefers to employ his action, it’s so much cleaner and so much safer. It’s much better to live by the smart-contract then die by the knife or gun or whatever kills you violently.