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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’...

by COINS NEWS - 2 years ago

Help me understand why a project is a Ponzi scheme

Hello everyone, So, first of all I want to pinpoint the fact the I spent my last two years learning as much as possible about the crypto markets, or just markets in general and I am trying my best to avoid the general newbie pitfalls that comes withi...

by COINS NEWS - 2 years ago

What's your favourite Portfolio Manager?

I'm looking for a new Portfolio manager as I'm getting increasingly tired of CoinMarketCap; it's just getting slower and slower for each passing day. Also; the android app has some issue on updating prices & graph, after the phone has...

by COINS NEWS - 2 years ago

The fable of the indispensible central bank

TL:DR: Central banks were created to solve a lack of trust in commercial banks, but just force us to trust central banks. Crypto flips this upside down, removing the need for trust and offering hard security. Central banks have been a fixture of the...

More / Etherum Reddit - 2 years ago

Book Recommendation Please

Could someone recommend a good book to understand the field better, preferably written in last two years (so as to cover the recent developments) Couldn't find anything worthwhile other than "The Bitcoin Standard" submitted by &#...