Global Feed Post Login
Replying to Avatar Joe Burnett

Bitcoin mining is about distributing coins without seigniorage.

Miners do not "secure" the network.

Miners build digitally verifiable walls of energy around transactions to provide confidence that your transaction settled.

More confirmations = more digital walls of energy.

33
Bc1qt1 2y ago

Water is not wet. It just gets everywhere and makes things wet.

Sir how high are you ?

Reply to this note

Please Login to reply.

Discussion

No replies yet.