📅 Original date posted:2014-10-28
📝 Original message:> This thread is, in my opinion, a waste of time. It's yet again
> another perennial bikeshedding proposal brought up many times since at
> least 2011, suggesting random changes for
> non-existing(/not-yet-existing) issues.
>
> There is a lot more complexity to the system than the subsidy schedule.
>
Well, the main question is what makes Bitcoin secure.
It is secured by proofs of work which are produced by miners.
Miners have economic incentives to play by the rules; in simple terms, that
is more profitable than performing attacks.
So the question is, why and when it works? It would be nice to know the
boundaries, no?
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Alex Mizrahi [ARCHIVE] /
npub1sw…pul5t
2023-06-07 15:27:00
in reply to nevent1q…qgny
Author Public Key
npub1swfeusu3ua9trup00qcnrgc2yndksyvgku4epk5tec7u4fmrez6qxpul5tPublished at
2023-06-07 15:27:00Event JSON
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"content": "📅 Original date posted:2014-10-28\n📝 Original message:\u003e This thread is, in my opinion, a waste of time. It's yet again\n\u003e another perennial bikeshedding proposal brought up many times since at\n\u003e least 2011, suggesting random changes for\n\u003e non-existing(/not-yet-existing) issues.\n\u003e\n\u003e There is a lot more complexity to the system than the subsidy schedule.\n\u003e\n\nWell, the main question is what makes Bitcoin secure.\nIt is secured by proofs of work which are produced by miners.\nMiners have economic incentives to play by the rules; in simple terms, that\nis more profitable than performing attacks.\n\nSo the question is, why and when it works? It would be nice to know the\nboundaries, no?\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20141028/33741ecb/attachment.html\u003e",
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