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Lihai
@xrplihai
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Entrepreneur | Polyglot š | Trader & Freelancer | XRP believer before it was cool š | Crypto enthusiast š”
Everywhere
Joined May 2021
@jungleincxrp Exactly as calculated except for BTC I will lower to 115k and XRP 9ish ETH optimistic 5k
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@theRealKiyosaki I wrote about it on my profile, but unfortunately I believe now that some institutions are closely tied to #BTC , Bitcoin will take the hit too.. and my guess is that Strategy is filling for bankruptcy sooner than laterā¦
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šØ Market Alert! šØ @Strategy ( $MSTR ) stock has been on a rollercoaster ride, with significant gains and losses over the past few years. In July 2021, the stock dipped by 3.78%, only to skyrocket by 70.3% in July 2022! As of February 8, 2025, MSTR is trading at $327.56, up 13.10% year-to-date. But with its heavy investment in Bitcoin, any future declines could mirror past volatility. Now if you follow my profile or if you lookup Ā«Ā mstrĀ Ā» in my profile you then know what is happening this year! š»šš»š Investors, buckle up and stay informed! š š„ #MicroStrategy #MSTR #Bitcoin #StockMarket #Investing #CryptoVolatility
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4. Conclusion: Is Bitcoin in Danger? - **Short-Term**: Bitcoinās security model remains robust due to its cost-prohibitive attack requirements and decentralized infrastructure. Ā - **Long-Term**: Risks like quantum computing and fee market instability require proactive solutions. Satoshiās "unless" conditions are not yet breached, but vigilance is critical. Ā Final Verdict: Bitcoin is not in immediate danger, but its resilience depends on continued adaptation to technological and regulatory challenges. Satoshiās original design has proven remarkably durable, but no system is future-proof.
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2. Satoshiās Critical "Unless" Assumptions The whitepaper hinges on three critical assumptions that define Bitcoinās security model: Ā 1. "Unless a majority of CPU power is controlled by honest nodes": Ā Ā Ā - Satoshiās Claim : The network remains secure as long as honest miners control >50% of computational power. Attackers attempting to rewrite history would need to outpace honest nodesā cumulative work . Ā Ā Ā *Modern Context: Ā - Mining Centralization: Today, Bitcoin mining is dominated by large pools (e.g., Foundry USA, AntPool). While no single entity controls >50%, collusion among pools could theoretically breach this assumption . Ā Ā Ā Ā - 51% Attacks: Rare but feasible for smaller blockchains (e.g., Ethereum Classic). Bitcoinās size makes such attacks cost-prohibitive ($20B+ in hardware/energy costs) . Ā 2. "Unless the networkās structure is compromised": Ā Ā Ā - Satoshiās Claim: The peer-to-peer network design ensures resilience even if nodes disconnect/rejoin. Ā Ā Ā *Modern Context: Ā Ā Ā Ā - Sybil Attacks: Bitcoinās Sybil resistance relies on PoW. However, advancements in quantum computing could undermine SHA-256 and ECDSA, though this remains speculative . Ā Ā Ā Ā - Network Partitioning : Global internet fragmentation (e.g., government firewalls) could disrupt consensus, but Bitcoinās decentralized nodes are geographically distributed. Ā 3. "Unless users abandon the incentive structure": Ā Ā Ā - Satoshiās Claim: Miners prioritize long-term rewards over short-term attacks. Ā Ā Ā *Modern Context: Ā Ā Ā Ā - Fee Market Reliance: Post-2140, miners will depend solely on transaction fees. If fees are insufficient, security could degrade. Current fee volatility (e.g., Ordinals-driven spikes) tests this model .
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1. Whitepaper Overview Key Innovations - Double-Spending Solution: Bitcoin eliminates the need for trusted third parties by using cryptographic proof (via a timestamped blockchain) to prevent double-spending. Transactions are validated by a decentralized network of nodes, with consensus enforced through proof-of-work (PoW) . Ā - Decentralized Consensus : The longest chain of blocks represents the "truth" of the network, secured by computational power (CPU) expended by honest nodes . Ā - Incentive Structure: Miners are rewarded with newly minted Bitcoin and transaction fees, aligning economic incentives with network security . Ā Technical Components - Timestamp Server: Transactions are hashed into blocks, creating an immutable chain. Each block references the previous blockās hash, forming a tamper-resistant ledger . Ā - Simplified Payment Verification (SPV) : Lightweight nodes can verify transactions without storing the entire blockchain by relying on Merkle proofs . - Network Scalability: Satoshi acknowledged bandwidth limitations but argued that technological advancements (e.g., improved internet speeds) would mitigate these issues over time .
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@BTC_for_Freedom Because China and Russia arent FINANCIAL POWERS. Us have a great hold on financial sectors. And XRP is very utile here? Same logic goes around for us holding BTC. Why would US hold something that China and Russia control in hashrates.
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