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bitrabbit.btc
@bitrabbit_btc
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@eumbab_bokk @JakeBlockchain @rafaelcr @mattyTokenomics It may happen but will be finded quickly,so it's hard to build enough revenue
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@eumbab_bokk @JakeBlockchain @rafaelcr @mattyTokenomics The first step "build up enough revenue" is very hard to achieve coz any one could participate mining at at ay time, also mining cost is much higher than hardware cost,i think it's not a problem
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@eumbab_bokk @JakeBlockchain @rafaelcr @mattyTokenomics I think it's impossible, coz the mining is open, the collusion of 5 miners could not stop other new miners step in as there are enough profits for mining, it will come into a new balance status soon because of game theory
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@eumbab_bokk After nakamoto, the pure PoX converts to mixing mechanism of PoX +PoS,as i know, it's hard for retail to participate mining coz it's expensive.
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@binaya_btc @eumbab_bokk That's the truth, so the only way to increase miners amount is market cap expansion
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@eumbab_bokk @obycode The data that each miner cost about $760k per month is right, very close to truth.
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RT @jconorgrogan: I went through Satoshi Nakamoto's wallets; thread of new findings that I don't think have been previously reported includ…
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@fluidvoice @eumbab_bokk @JakeBlockchain However Solana is gaining a complete win, ETH' roll up layer 2 or other subnet solutions can't compete with it at all, nowadays ETH are going to scale its L1
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Stacks network could not bear any big memecoin launching like TRUMP coin or Melania Meme, if that happens, our network will break down very soon. There are several times mempool full filled pending txs, we almost took off, but network capacity too low so the fees are very high and pending for long time,then good tendency disappeared. Onnakamoto day 10/29 2024,the network only confirmed 16k txs, and almost reached limit, fees are very high, my contract deploy txs with 5stx fees stuck for 2 days. We cannot wait demand coming then try to extend network, chances are for those who are prepared,apparently our network didn't prepare well. We need at least 1/10 or 1/5 solana' capacity, only with that, the network capacity doesn't become the obstacle of whole ecosystem. Let's put the network capacity extending first priority, nothing is more important than it🙏
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@Echo_501x @CryptoCraeg @Stacks You could check again when network demand get 2 or 3 x, or check the transaction fees on nakamoto day 10/29 2024,on that day the network confirmed 16k txs, and almost reached limit, fees are very high, my contract deploy txs with 5stx fees stuck for 2 days
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There are several times mempool full filled pending txs, we almost took off, but network capacity too low so the fees are very high and pending for long time,then good tendency disappeared,we cannot wait demand coming then try to extend network, Chances are for those who are prepared,apparently our network didn't prepare well, we need at least 100x capacity extending, 10x is far not enough
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@ImBanksia @eumbab_bokk We need at least 1/10 or 1/5 solana' capacity, only with this, the network capacity doesn't become the obstacle of whole ecosystem
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@ImBanksia @JudeCNelson @andrerserrano Solana doesn't wait high volume the trying to update network, it's born to be a high-speed chain,then the ecosystem could thrive on the foundation
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There are several times mempool full filled pending txs, we almost took off, but network capacity too low so the fees are very high and pending for long time,then good tendency disappeared,we cannot wait demand coming then try to extend network, Chances are for those who are prepared,apparently our network didn't prepare well, we need at least 100x capacity extending, 10x is far not enough
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