GaLoM ₿maxi on Nostr: Difficulty Adjustment Algorithm is about keeping a constant time. This is ingenious ...
Difficulty Adjustment Algorithm is about keeping a constant time.
This is ingenious because good money has to be costly in time, not energy.
Time is the only thing we will never be able to make more of.
This makes Bitcoin the ultimate form of money because its issuance is directly linked to the ultimate resource of our universe: Time.
Ref: 21 Ways
#siamstr
#bitcoin
Published at
2024-03-07 07:42:12Event JSON
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"pubkey": "d41bf82f09e7b35e3dd97201d3104022e8d6624f1ce6e01a9e5e6d87ed90d888",
"created_at": 1709797332,
"kind": 1,
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"content": "Difficulty Adjustment Algorithm is about keeping a constant time.\nThis is ingenious because good money has to be costly in time, not energy. \nTime is the only thing we will never be able to make more of. \nThis makes Bitcoin the ultimate form of money because its issuance is directly linked to the ultimate resource of our universe: Time.\n\nRef: 21 Ways\n\n#siamstr\n#bitcoin https://image.nostr.build/ca18c222135eaa3938fdd6ae48b36bc5e05d7fb83fd5bc417182ab7cde8dd584.jpg ",
"sig": "b3e2f534ea3daecebd00d69e451a4cb23841632d4b1c3fbd4a36b5c5ec9ab75b1f627f3cadbcbe5ca39c1d9c40fa8ad474dfed95244df97f2b4356d70d5c7cad"
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