bitcoinlimit on Nostr: The difference lies in btc's difficulty adjustment, which ensures the system ...
The difference lies in btc's difficulty adjustment, which ensures the system dynamically responds to changes in mining activity. While value is subjective, difficulty ties hashrate directly to scarcity. As more work is put in, mining doesn’t get easier, it gets harder which maintains btc’s fixed supply schedule. This ties hashrate to scarcity,making it a measure of effort and security, not just subjective value.
Published at
2025-01-14 18:09:03Event JSON
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"content": "The difference lies in btc's difficulty adjustment, which ensures the system dynamically responds to changes in mining activity. While value is subjective, difficulty ties hashrate directly to scarcity. As more work is put in, mining doesn’t get easier, it gets harder which maintains btc’s fixed supply schedule. This ties hashrate to scarcity,making it a measure of effort and security, not just subjective value.",
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