News list for " bitcoin security"

Justin Drake Criticizes Bitcoin's Safety Classifier, Saying It's Going to Self-Destruct

Justin Drake, a researcher at the Ethereum Foundation, wrote in X that the Bitcoin proof-of-work (PoW) safety classifier is in a "ticking time bomb" state. He pointed out that after several block reward halves, Bitcoin's fee revenue as a percentage of miners' total revenue remains at about 1%. The current average daily fee is less than 10 BTC, a 13-year low.

clock
2025-05-29 10:37:18
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.