The Cost of Bitcoin’s Security

Fears over the declining block reward are real.

I hypothesize several hundred billion, in present value USD, would be an adequate security budget — Dan Held, https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8

Dan dismisses concerns about Bitcoin’s security once we transition to fees; he’s wrong. [Note: Dan claims I misread maliciously, and that is an annual budget, hence I have fixed up below.]

Rusty is a Linux kernel dev who wandered into Blockstream, and is currently trying to produce a prototype and spec for bitcoin lightning. Hodls bitcoin (only).

Rusty is a Linux kernel dev who wandered into Blockstream, and is currently trying to produce a prototype and spec for bitcoin lightning. Hodls bitcoin (only).