Just trade with insider info and get bribes in the form of speaking engagements. And once you retire, you get more kickbacks in the form of a NYT bestseller book.
My father in law lol
Agreed.
Realistically, a small amount of transactions would be censored per block. I don’t think loss of those fees would protect against or disincentivize censorship. I mean, look at Ocean and Ordinals. The risk is block template creation getting centralized, not so much fees.
😂
Len the lean stud
Don’t they also get the fees? Or at least a bulk of them minus the fees from the txns they censor?
When people think about network security, they think about the likelihood that a transaction they made to someone for goods and services delivered or money exchanged won’t be rolled back. The overall hash rate (proxy for real-world energy and capital that has to be deployed) is what provides this security. Monetary incentives (subsidy + fees) in addition to sovereignty (miners wanting their own transactions to be confirmed) is what provides this wall of security (opportunity cost/proof of work).
As mining becomes more integrated with energy production, especially with power plants in remote areas or ones that produce excess energy, the bar to continue to mine will be lower and lower. Meaning energy companies won’t rely on the block reward for their profitability and instead will choose to continue to mine even if the reward is low because it beats 0 if they don’t utilize the excess energy.
That’s how I think about it anyway. Network security fud exists as an excuse to introduce changes to bitty imo
March
https://x.com/i/broadcasts/1mrxmPqXjzzJy
March is gonna be a good month
He lost me when he said germany is in trouble because china is making cars as if the person in the market for a porsche or bmw is also looking at chinese cars. Also thinking being 25% in cash rn is a good idea when money printer is about to go brrrr
Yeah they need to grow a spine
https://x.com/hedgedirty/status/1889037995811967448 it’s a barrier of entry to keep out the poor trash
+1
LifeTime was worth every penny
They need nationalism and the type of socialism that is about building a strong society if you know what I mean
Yup
All that immigration fucked it up. Gotta send them back like Trump
https://x.com/babygravy9/status/1889038824086364637 cuckservatives be like, she is not beyond saving
Somehow letting everyone fuck you wasn’t a good decision. If only someone would have told her that
Worst take of 2024 by a mile goes to Len nostr:note1g8tjynf94vv05zcn4tapyrfndqh9p3kxga05pe0uvup8gmkesjqqr8v3d7