News for hackers. Stuff that matters.

A comment on Merge soon. Parent comment

Re:Merge soon by knocte on Thursday September 15, 2022 @02:47AM (#32848007)
> Bitcoin has a difficulty bomb too, so Bitcoin will eventually self-destruct, if nobody steps up to coordinate a new fork of Bitcoin and a majority of users accept the new fork.

What bullshit is this? bitcoin doesn't have a difficulty bomb

[ Parent | on HN ]
Re:Merge soon by jlokier on Thursday September 15, 2022 @02:54AM (#32848068)
It has a much weaker version, it's just not called a difficulty bomb, it's called the 21M bitcoin limit and the halvings leading up to it. As that limit is approached, Bitcoin mining gradually becomes less profitable.

https://www.cnbctv18.com/cryptocurrency/what-happens-after-a...

[ Parent | on HN ]