Empire cover image

How Avalanche Will Outscale L2s | Emin Gün Sirer, John Wu

Empire

00:00

The Bitcoin Security Budget

Bitcoin security is provided by Proof of Work miners. A third of that about $3 billion would be about what you might need to start launching meaningful attacks on Bitcoin. For any given level, I think a proof of stake protocol has a great advantage compared to proof of work points. So the security budget tends to be a lot larger.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app