The beauty of difficulty adjusted proof-of-work?
d𝑡 / d𝐸 = 0
𝑡 is Newtonian time required to mine new bitcoin
𝐸 is the computing power
*No matter how efficient computation becomes, the costliness to mine new bitcoin is unforgeable*
The beauty of difficulty adjusted proof-of-work?
d𝑡 / d𝐸 = 0
𝑡 is Newtonian time required to mine new bitcoin
𝐸 is the computing power
*No matter how efficient computation becomes, the costliness to mine new bitcoin is unforgeable*