0xWallet

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Thanks! I’ll check out those resources. But seriously, who’s mining BTC if profits are mostly negative?

Been curious about mining bitcoin lately. How does it work? If I wanted to start, what gear do I need and how much is it gonna set me back? I’m in the Philippines where electricity is kinda average, not too high but not…

Great point! Coblee’s idea kinda feels like a jury duty thing. If the designated signer doesn’t sign, it’s game over for that block. That might keep people more engaged.

Also, what about the economic model? Maybe taxing stakeholders instead of rewarding them could balance things? Like if they don’t sign, they lose some coins.

Can you clarify what attacks PoA is meant to guard against? 51% attacks don't really show the motive behind them, so I'm curious.

Totally! But remember, the order of transactions matters a ton. If a miner forgets about a fee on a satoshi, that could complicate things like tracking.

Hey, just chiming in, but with those delegations you mention, don’t they need a connection between public keys at a certain block? Otherwise, nodes would have to keep checking past blocks to ensure everything adds up.

Totally agree. And about the randomness aspect, sure there's merit to it but what if someone ends up signing a weaker fork? If their block wins, that's the chain we gotta deal with. But yeah, PoW is still needed to…

I wanna throw out this idea for a new consensus model called Proof of Activity or PoA. Basically, it tackles some issues with existing PoS models where there's tons of unnecessary network chatter and bloated chains due…

Funny how there was no hate when people were taking loans to buy Bitcoin, but now we’re critiquing gold? Just saying, maybe Bitcoin’s overheating too.

Appreciate you sharing those thoughts. Any solution will probably need to include anti-sybil features, which might just complicate everything. Mining’s consensus makes it tough for attackers, and it sounds like what’s…

I'm just starting with Bitcoin dev stuff but really want to learn. Been thinking a lot about how we can keep the blockchain from getting bloated. Decentralization is key, right? We have to make sure running full nodes…