what the heck is Zora?
I can see in the ethereum space now people shilling Zora as they used to do with Lens protocol in the past but what the heck is that one?
I have a question:
Is hashrate a relevant metric to measure Network's Strengh?
I think is not but interested in hearing counter arguments here
Why Not?
- Because the only real thing that matters is how much money an adversary would need to attack the network and that is measured in terms of money needed on electricty and hardware plus infra
- Hashrate will continue to grow even if the network total strengh goes down. One of the latest AntMiners is capable of producing 10X or even more than previous versions of antminers so if I see hashrate going up 10x may simply mean that I have replaced equipement without having spent more money to support the network
Why donβt we enable extra block space only to be used for the necessary scripting needed to support L2?
That way we could:
- continue having space for L1 transactions unaffected
- continue having nodes that only check l1 if they want to
- extra space would provide dedicated block market to increase security budget
Currently we are making below 2k usd on freesβ¦ itβll need to go up to 15million per bitcoin to support current revenue per block
Pretty sure we will hit that value one day but even if we do, it may still fall short on revenue per block so finding newer revenue sources cannot be underestimated and what Iβm suggesting would give bitcoin added features through other layers
