The Block Subsidy Is Not What Provides the Security, Right?

A lot of people forget that the block subsidy is a subsidy to build out the infrastructure, right? These Asics are still chugging away somewhere in the world. So it builds out the initial infrastructure. And then if the subsequent, this is what Eric Voskull does really good, when he explains that the subsidy goes to the attacker as well in a 51% attack, they get it as well. But anyways, that that's just a little tangent on this also knows subsidy because you still have to work for it. Because if you don't work for it, someone else will.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app