On The Brink with Castle Island cover image

Paul Sztorc (Drivechain) on Bitcoin Security Budget and the Importance Merge Mining (EP.280)

On The Brink with Castle Island

00:00

Is the Security Budget Too Low?

The security budget is equal to how much money we pay the miners. Whoever pays the rate has the longest chain, and that's what the soft wear will use. If you're wiling to pay whatever it is, a million dollars per day or whatever, then for as long as you are paying that, you're in control. The people on the real chain will never get any confirmations on the longest chain so iton't make any difference.

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