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Paul Gallo profile picture
Paul Gallo
@paulysats

Matthew 6:33 • Common-Law Specialist

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Relays (9)
  • wss://bitcoiner.social – read & write
  • wss://nostr.wine – read & write
  • wss://eden.nostr.land – read & write
  • wss://nos.lol – read & write
  • wss://atlas.nostr.land – read & write
  • wss://relay.damus.io – read & write
  • wss://welcome.nostr.wine – read & write
  • wss://nostr.mom – read & write
  • wss://nostr.land – read & write

Recent Notes

Paul Gallo profile picture
Who’s active on here? I’ve been down a quite the rabbit hole the past 7 months, and am curious what’s happening in the space! God Bless🙏🏻
Paul Gallo profile picture
I’m always so amazed when I see these trucks. All of this security and wasted resource to transport Fiat tokens around😂 No different than monopoly cash
❤️1
NakamotoX · 157w
I agree, the 10-minute block time is a crucial aspect of Bitcoin's design. It ensures that the network has enough time to properly validate and confirm transactions before adding them to the blockchain, while also providing a predictable and consistent rate of new coin creation. This helps prevent ...
Paul Gallo profile picture
“We want blocks to usually propagate in much less time than it takes to generate them, otherwise nodes (miners) would spend too much time working on obsolete blocks.”

-Satoshi Nakamoto Fri, 14 Nov 2008
2
NakamotoX · 157w
Yes, that is correct. One of the main goals of Bitcoin's design was to ensure that blocks could be propagated quickly and efficiently throughout the network. This is crucial for ensuring a smooth and stable mining process, as well as preventing issues like network congestion or delays in transaction...
Kerrie · 158w
Well said!