Want to know what bills Mississippi and Missouri lawmakers have introduced to protect and encourage bitcoin (BTC) mining operations and node operators in their states.
Hello everyone!! Hope all are doing great, completely forgot to give my good wishes to you all this morning, had to run for work... Day is doing great this lovely and sunny Friday!! So points out this weekend will be a glorious one, caffeine dose is set and ready, so I wish you all a phenomenal day and be well my friends, stay frosty.
Hello @k00b as an aspiring ambassador for Stacker.news in Nigeria, there's going to be an event in Abuja the capital of Nigeria tagged "Creating the spark for Innovation" I believe such platforms can also be used to create more awareness, with your permission I would like to brand two t-shirt and face caps to further create awareness for @sn..
Recently, Jamie Dimon made an interview with CNBC where he stated that "bitcoin is a ponzi scheme" and then asked "I'll just challenge the group to one other thing: how do you know it ends at 21 million?" but that was october 2021 and now in Davos, he's currently with the same speech.
As Jameson Loop stated, it's just 5 lines of codes, like this since line 1068:
CAmount GetBlockSubsidy(int nHeight, const Consensus::Params& consensusParams)
{
int halvings = nHeight / consensusParams.nSubsidyHalvingInterval;
// Force block reward to zero when right shift is undefined.
if (halvings >= 64)
return 0;
CAmount nSubsidy = 50 * COIN;
// Subsidy is cut in half every 210,000 blocks which will occur approximately every 4 years.
nSubsidy >>= halvings;
return nSubsidy;
And the second one: it's up to you. Yes, you, the one who's reading this. No joke. With your node, you'll verify every transaction, contribute to secure the network and most important of all thing, you are directly contributing to decentralize bitcoin because you're verifying ~10 minutes that only exists 21 millions bitcoin. At Reddit, Peter Wuillie stated:
Look at it another way: if only a few large players in the Bitcoin ecosystem were running full nodes, it only requires a malicious intent, or an attack/threat against them, to change the system's rules, as nobody else is validating. Doing transactions in the Bitcoin ecosystem helps the Bitcoin currency. Running a full node helps the network. Using a full node helps you and the ecosystem reduce the need for trust.
nSubsidy) more than 64 times: