BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

uwu~ agwimony-chan is insane wike aww the powew usews, but at weast she's highew than evewyone ewse! >w<

Isn't it interesting that mining revenue is 50%? Isn't it interesting that hash rate typically corrects to reach mining revenue homeostasis? What will the other 50% mining power do? What _can_ they do?

bitcoin has never had a drop in mining security significant enough that a 51% attack was possible before. current delta on hashrate to close the gap to earnings is a drop to ~46% of current hashrate. 54% free to do as they like. consider the implications to the assumed cryptoeconomic security. what happens next?

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 

https://warpcast.com/cassie/0x87e81663
https://warpcast.com/cassie/0x21999076