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> unless people pay the $80 in power it costs to operate the network as a transaction fee it’ll be vulnerable to a 51% attack Your $80 is based on the current
by modeless 6y ago
> unless people pay the $80 in power it costs to operate the network as a transaction fee it’ll be vulnerable to a 51% attack
Your $80 is based on the current block reward which was set totally arbitrarily and is not in any way an estimate of the actual amount necessary to prevent 51% attacks in the future after the block reward disappears.
- arcticbull 6y agoRight but after the block reward goes away lol, you’re going to have to pony up or 51%, and until the block reward goes down in 1500 days it’s 100% fair to say what I did about what a transaction costs.