The Bitcoin security model is the ultimate final boss for Bitcoiners' dream to once and for all bury the fiat system.👀 But is the BTC security model up to the task? Let's dive in with CMC 👇
Mining these side chains would increase miners' revenues and de facto. Sztorc refutes the claim that merged mining is prone to centralization and inherently not secure enough. He contends that mining is already significantly centralized and that centralization through specialization is not a security risk as long as the decentralization of nodes is guaranteed.
Merged mining would de facto be a scaling solution that allows paying miners fees without diluting the Bitcoin supply. However, there would still need to be demand for the blockspace any sidechain offers to make economic sense. Therefore, merged mining can be a complementary solution but does not solve the adoption problem.security budgetThere is currentlyto attack the network. Only the most powerful states would even have the means to do it.. Having a sustainable security model is key.
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