Oh yeah, Quantum computing won't ruin crypto. Cardano already has plans to transition to quantum resistant crypto primitives. We just need to wait for some standards to form around which algorithms should be used in the future instead of current ones. I'm not worried about quantum computers at all.
TypicalHog
joined 9 months ago
My mistake, I was thinking about the current supply. Brain fart.
It's the same with ADA. 1 ADA is the same percentage of the total supply 5 years ago or now.
Do you genuinely believe the impact of Tether buying Bitcoin on Bitcoins price is comparable to the impact of Tether buying USD to USD "price"/value? Like fr?
I sometimes have a weird vibe like someone somehow crippled Bitcoin by making it not able to evolve and develop. I mean... If I wanted it gone and couldn't just destroy it, I would cripple it. Idk, just feels sus.
Bitcoin has literally 2 pools who have more then half of the block production. Also not all PoS systems have locking and slashing btw.
Instead of using an independent RNG to determine the next block producer Bitcoin miners are essentially flipping coins and whoever manages to flip like 78 tails in a row gets to create the next block. How crazy is that?
??? How is USD being pumped by USDT/USDC? I'm lost, lol.
This doesn't mean we can't do better than both.
Well... Cardano has like 30 different pools that add up to 50+% of the block production.
If something sus was happening with one or more of those - people can just leave them.
Same thing but 30 is better than 2.