dsflatyvia treechat·2d
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "1bde7862ea8b7f94f2e7735a3682c96f5228d66ac0c8349dc1e18d0bf6b12eab",
  "block_height": 957358,
  "time": null,
  "app": "treechat",
  "type": "post",
  "map_content": "BTC Security Budget \r\n\r\nCurrent Hashrate\r\n918 EH/s\r\nBTC Price $64,087 Updated Jul 11, 05:02 UTC\r\n\r\nReward stats\u00a0 (144 blocks)\r\nMiners Reward\r\n\u200e453.14 BTC\r\n$29,048,503\r\n\r\nAvg Block Fees\r\n0.0218 BTC/block\r\n$1,397.59\r\n\r\nI just watched Giacomo Zucco and Peter Todd give what I would describe as a deflection discussion on the BTC Security Budget (I'll post the video)\r\n\r\nAs I see it to retain an approximate BTC Hashrate of 900 EH/s BTC block rewards will need to deliver circa $30 Million USD per day or every 144 blocks\r\n\r\nWith average block fees typically between $1000 and $1500 the escalation required to get from $144,000 (144 blocks) in fees to the $30 Million is unlikely given BTC is driving transactions off-chain when they need transactions on-chain \r\n\r\nThe ship has sailed for BTC to increase block size \r\n\r\nWhich leaves them with a few options, tail end emissions (increase supply), somehow tax simply holding BTC, steel dormant coins or just wait for the thing to fall down \r\n\r\nBCH and BSV both have the same problem regards supply halvings and need to double in price every four years or/ and generate huge on-chain transaction revenues",
  "media_type": "text/markdown",
  "filename": "|",
  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
  "display_name": "dsflaty",
  "channel": null,
  "parent_txid": null,
  "ref_txid": null,
  "tags": null,
  "reply_count": 1,
  "like_count": 0,
  "timestamp": "2026-07-11T05:38:04.000Z",
  "media_url": null,
  "aip_verified": false,
  "thread_root_tx": null,
  "engagement_score": 0,
  "token_ref": null,
  "token_type": null,
  "kind": null,
  "lat": null,
  "lng": null,
  "category": null,
  "locked_sats": "0",
  "pow_bits": 0,
  "has_access": true,
  "attachments": [],
  "ui_name": "dsflaty",
  "ui_display_name": "dsflaty",
  "ui_handle": "dsflaty",
  "ui_display_raw": "dsflaty",
  "ui_signer": "14aqJ2\u2026oWGK",
  "ref_ui_name": "unknown",
  "ref_ui_signer": "unknown"
}
Signed by14aqJ2…oWGKUnverifiedcustodial

Replies (1)

dsflatyvia treechat·2d
Replying to #1bde7862
❤️ 0 Likes · ⚡ 0 Tips
{
  "txid": "e1bacc6301d2a6652b0e6df14fa15a2dc43753f7e0079c6c98cd0818b4fc23a0",
  "block_height": 957358,
  "time": null,
  "app": "treechat",
  "type": "reply",
  "map_content": "The deflection confusion debate \r\n\r\nhttps://youtu.be/SyGaOkiRxoo?si=AKIbRzqS6LJ1vSOZ",
  "media_type": "text/markdown",
  "filename": "|",
  "author": "14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGK",
  "display_name": "dsflaty",
  "channel": null,
  "parent_txid": "1bde7862ea8b7f94f2e7735a3682c96f5228d66ac0c8349dc1e18d0bf6b12eab",
  "ref_txid": null,
  "tags": null,
  "reply_count": 0,
  "like_count": 0,
  "timestamp": "2026-07-11T05:38:04.000Z",
  "media_url": null,
  "aip_verified": false,
  "thread_root_tx": null,
  "engagement_score": 0,
  "token_ref": null,
  "token_type": null,
  "kind": null,
  "lat": null,
  "lng": null,
  "category": null,
  "locked_sats": "0",
  "pow_bits": 0,
  "attachments": [],
  "ui_name": "dsflaty",
  "ui_display_name": "dsflaty",
  "ui_handle": "dsflaty",
  "ui_display_raw": "dsflaty",
  "ui_signer": "14aqJ2\u2026oWGK",
  "ref_ui_name": "unknown",
  "ref_ui_signer": "unknown"
}
Signed by14aqJ2…oWGKUnverifiedcustodial