List of Flash News about block size war
Time | Details |
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05:33 |
Adam Back: Market Won Bitcoin (BTC) Block-Size War — 3 Trading Takeaways on Users, Price, and Hashrate
According to @adam3us, the Bitcoin block-size war was decided by market forces as users set the price and exercised economic consensus, with miners following as service providers, a structure traders should factor into governance-risk assessments. Source: https://twitter.com/adam3us/status/1963837986165895444 He states the protocol observes consensus-valid hashrate that reacts to price, indicating hashrate follows price rather than leads, making price action the primary signal for tracking BTC network dynamics. Source: https://twitter.com/adam3us/status/1963837986165895444 For trading strategy, prioritize user-driven price signals over miner signaling, as miner-led forks lacking user economic support are unlikely to prevail in the market. Source: https://twitter.com/adam3us/status/1963837986165895444 |
2024-07-30 00:08 |
Vitalik Buterin Discusses 'One-Sided Competence Trap' in Bitcoin Block Size War Review
According to Vitalik Buterin, he introduced the concept of the 'one-sided competence trap' in his recent review of books on the Bitcoin block size war. This pattern has been observed in various contexts, and understanding ways to escape this trap could be beneficial. |