6 ms·

His arguments about the feasibility of a 51% attack are off by an order of magnitude, and the fact that you can't easily reduce the amount of energy needed to m

• lisper 2y ago
  > His arguments about the feasibility of a 51% attack are off by an order of magnitude, About that: https://blog.rongarret.info/2023/04/bitcoins-value-proposition-screwup.html https://blog.rongarret.info/2023/04/bitcoins-value-propositi... (I'm the author, BTW.) > and the fact that you can't easily reduce the amount of energy needed to mine is a feature, not a bug We'll have to agree to disagree about that. Most people consider gross inefficiency a bug, especially when that inefficiency is a necessary part of the design.