This year, for the first time, Bitcoin's annual security budget as a proportion of its market value is higher than the previous year
According to a post by Kofi, a contributor at DefiLlama, on platform X, this year will be the first time in Bitcoin's history that the annual security budget as a percentage of market value is higher than the previous year (rising from 1.8% to 1.9%). The security budget is the amount miners earn to ensure network security. When this figure is high, the cost of a 51% attack is also high and vice versa.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
Trending news
MoreCrypto prices
More
