top | item 43315400 (no title) ursuscamp | 11 months ago That really depends in your time horizon discuss order hn newest kinakomochidayo|11 months ago Which is ironic, considering how Bitcoin security budget will very likely decrease as time goes on with Bitcoin halvenings and low transaction fees going to miners toomim|11 months ago It's already about 1000000x higher than it needs to be. Keep in mind that all it does is prevent double-spends.There are other ways to avoid double-spends, too, like taking the party to court.Mining does not need to be incentivizes nearly as much as it is right now for bitcoin to still function as p2p cash.
kinakomochidayo|11 months ago Which is ironic, considering how Bitcoin security budget will very likely decrease as time goes on with Bitcoin halvenings and low transaction fees going to miners toomim|11 months ago It's already about 1000000x higher than it needs to be. Keep in mind that all it does is prevent double-spends.There are other ways to avoid double-spends, too, like taking the party to court.Mining does not need to be incentivizes nearly as much as it is right now for bitcoin to still function as p2p cash.
toomim|11 months ago It's already about 1000000x higher than it needs to be. Keep in mind that all it does is prevent double-spends.There are other ways to avoid double-spends, too, like taking the party to court.Mining does not need to be incentivizes nearly as much as it is right now for bitcoin to still function as p2p cash.
kinakomochidayo|11 months ago
toomim|11 months ago
There are other ways to avoid double-spends, too, like taking the party to court.
Mining does not need to be incentivizes nearly as much as it is right now for bitcoin to still function as p2p cash.