Security Budget

2 Articles 1 Followers

The Risks of the Bitcoin Security Budget: Halving, Double Spending, Fee Sniping

7 Jan 2024 4 minute read 4 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

The term "Security Budget" refers to the budget used to pay the miners (and thus sustain the network) and the security of the same. If there are no more incentives to mine, the Bitcoin network could collapse. As the Security Budget decreases, the net...

The Risks of the Bitcoin Security Budget: Halving, Double Spending, Fee Sniping

Some Thoughts On The Security Budget: Can It Destroy Bitcoin?

6 Oct 2022 2 minute read 2 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

The event that brought ETH from Proof Of Work to Proof Of Stake will be remembered for the next 10 years. Bitcoin maximalists have criticized this step as harmful for ETH, due to greater centralization with possible censorship of transactions.In addi...