Re:Ethereum will use around 99.95% less energy post merge
by exo762 on Thursday May 27, 2021 @11:25AM
(#27304211)
You are conflating cause and effect. Security budget of Bitcoin is defined by block reward. Miners just compete to get a larger piece of the pie. Bitcoin price (and thus security budget) are so high because Bitcoin is the default-go-to cryptocurrency. Media talk about two CCs: Bitcoin (in serious tone) and DogeCoin (as a joke). That what explains Bitcoin domination over all other CCs - dumb money.
Unless you are saying that folks who started 'stacking sats' during last two years are a bright bunch and they are capable of reasoning about CCs security.
> Why does every proposal without miner majority support fail?
Watch miners getting owned during Ethereum's transition to PoS.
Unless you are saying that folks who started 'stacking sats' during last two years are a bright bunch and they are capable of reasoning about CCs security.
> Why does every proposal without miner majority support fail?
Watch miners getting owned during Ethereum's transition to PoS.