The Most Important Scarce Resource is Legitimacy The Most Important Scarce Resource is Legitimacy
2021 Mar 23See all posts
Special thanks to Karl Floersch, Aya Miyaguchi and Mr Silly for ideas, feedback and review.
The Bitcoin and Ethereum blockchain ecosystems both spend far more on network security - the goal of proof of work mining - than they do on everything else combined. The Bitcoin blockchain has paid an average of about $38...