Damus
mleku · 3w
only shitcoin casinos care about spam on bitcoin. nobody else benefits from it. shitcoin casinos are inherently a dwindling business because you can't fleece people twice, you take their money, and th...
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miners will hedge once the next DA happens. every time there is a fee rate spike on spamchain, there will be defection from the smaller custodians. once some custodians go, the risk of others going is reduced. once some miners are hedging, the risk of others also hedging reduces and the hedge ratio starts to change.

it's got a whole year to play out. 3% hash rate means - in terms of block times (of full blocks btw) that 2 weeks becomes about a month. every single one of those block will be the most expensive blocks they can be. and that isn't accounting for hedging prior to the DA.
1
mleku · 3w
this is the thing. yes. 3% hashpower means 466 days to DA. but within 466 days, the amount of hashpower being burned by bip-110 supporters can realistically double. that drops the next DA on bip-110 chain down to 234 days. that hits within the deactivation target of bip-110 after that, 59 days l...