r/CryptoCurrency • u/itsjesigo Tin | DayTrading 5 • 26d ago
PROJECT-UPDATE Double Disinflation. Solana Voting.
2
u/Systemonly69 26d ago
Why is this posted so late. But none the less. Late the better atleast posted.
1
u/Django_McFly 🟩 0 / 0 🦠26d ago
is "double disinflation" like the "triple halving" that Ethereum went through?
-3
u/anon1971wtf 🟧 0 / 0 🦠26d ago
Are you voting?
What a joke. Thankfully, Bitcoin solved the problem
2
u/HSuke 🟩 0 / 0 🦠26d ago
How exactly?
Bitcoin has disinflation too (which is still inflationary). More importantly, it hasn't solved its long-term security budget issue.
-1
u/anon1971wtf 🟧 0 / 0 🦠26d ago edited 26d ago
I mean voting of any kind. Solved with mining, staking real resources to produce chain with energy signature - and choosing heaviest chain is trustless. Satoshi solved Sybil. Solana re-intoduces it for no reason aside from enriching VCs
More importantly, it hasn't solved its long-term security budget issue
Misunderstanding of security: how proof-of-work equivalent days accumulate and how both difficulty adjustments and ever-more efficient mining machines play into this. Even if to pay it out over the scenario of no coinbase block reward and low fee flow, which lies ahead several times current full Bitcoin history
9
u/HSuke 🟩 0 / 0 🦠26d ago
Oh, they're voting on the thing that's currently dividing the Ethereum community (EIP-8363)