@matthew_d_green OK FINE BUT I DISAGREE WITH ANY PHRASING THAT MAKES IT SOUND ELEGANT 🙃
Bitcoin co-opted one altcoin idea:
The first issuance cut in 2012 was called “the halving.”
Dogecoin was created in… https://t.co/LpOInWLVFe
@Timccopeland Then dumb it down by saying that miners play a lottery and buy tickets with electricity.
The Halving
@MrHodl XT, Classic, and Unlimited (pre BUcash) are good examples of codebases that had the potential to become alt… https://t.co/B6OMImIJTe
@MrHodl I’d still agree with that statement. Take, for example, two versions of Core, one which has the non determi… https://t.co/8tB2yH3dCG
@killerstorm I agree that miners use mathematical functions as a part of their work, but it’s not a “math problem”… https://t.co/Ltld8L5awd
@BitcoinAustrian If we only considered “circulating supply” (though we’d have to first agree on how to define that)… https://t.co/nQMGmWxfdO
Less than 6 months until we enter the 4th era of bitcoin inflation, at which point BTC will fall below the 2% infla… https://t.co/NsLtE9XQOx
Bitcoin miners don’t “solve complicated math problems.”
They make 100,000,000,000,000,000,000 guesses per second @… https://t.co/GWMgMWVr3t