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Bitcoin’s Security Budget Crisis: A Ticking Time Bomb for the Network?
Bitcoin’s Security Budget Crisis: A Ticking Time Bomb for the Network?
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Researchers sound the alarm—Bitcoin’s security model may be heading for a reckoning. Here’s why the math isn’t adding up.
The backbone of Bitcoin’s security—its so-called ’security budget’—relies on miners getting paid. But with block rewards halving every four years and fee revenue struggling to keep pace, that model’s looking shaky.
Miners follow the money. If the incentives dry up, so does the hash rate—leaving the network vulnerable. And no, Wall Street’s ’number go up’ mantra won’t magically fix this one.
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