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More / Bitcoin Reddit - 2 years ago

Quantum Proof soft fork progress

Just wondering if there’s any recent updates on the progress of soft forking bitcoin to have post-quantum cryptography to guard against quantum hacking. We saw how fast AI advancements came upon us, and I suspect quantum computing will do something s...

by COINS NEWS - 2 years ago

Opposed incentives for miners vs users

I came across this quote earlier today: "Miners are rewarded based on congestion and users are penalized by congestion. I’d argue miner incentives are fundamentally opposed to the interest of users." The same holds true for stakers. There i...

More / Bitcoin Reddit - 2 years ago

All the grains of sand in the world.

Is the following metaphor adequate to show the security / probsbility of seed phrases? You take a pot of sand and distribute all grains of sand on all the deserts and beaches of the world. Then another person picks some random grains of sand. How lon...

More / Bitcoin Reddit - 2 years ago

When selling crypto...

Scenario is - you DCA via an exchange > transfer it to a wallet > go to sell. Question is - Are the DCA transaction dates in your wallet the same as when you purchased on the exchange? If so, and when you do sell, are the oldest transactions so...

More / Bitcoin Reddit - 2 years ago

Next Bitcoin halving / let me get your insights.

BTC price was US$12.35 on the day of the first halving in 2012 BTC price was US$650.53 on the day of the second halving in 2016 BTC price was US$8,821.42 on the day of the third halving in 2020 (Currently the last Bitcoin halving) Where will Bitcoin’...