What is Nostr?
3cap / Joe Burnett
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2023-03-02 03:28:59

3cap on Nostr: Bitcoin mining is about distributing coins without seigniorage. Miners do not ...

Bitcoin mining is about distributing coins without seigniorage.

Miners do not "secure" the network.

Miners build digitally verifiable walls of energy around transactions to provide confidence that your transaction settled.

More confirmations = more digital walls of energy.
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