Justin Drake, an Ethereum Foundation researcher, claims that the security model of the Bitcoin network is broken, as transaction fees have failed to reach a significant fraction of the total network earnings, including the block subsidy. Bitcoin Security Model at Risk, Proof-of-Work Not Sustainable, Says Ethereum Researcher The security budget of the Bitcoin network is […]Ethereum Researcher: Bitcoin Security Budget a ‘Ticking Time Bomb’
Justin Drake, an Ethereum Foundation researcher, claims that the security model of the Bitcoin network is broken, as transaction fees have failed to reach a significant fraction of the total network earnings, including the block subsidy. Bitcoin Security Model at Risk, Proof-of-Work Not Sustainable, Says Ethereum Researcher The security budget of the Bitcoin network is […]