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by knocte 1371 days ago
> Bitcoin has a difficulty bomb too, so Bitcoin will eventually self-destruct, if nobody steps up to coordinate a new fork of Bitcoin and a majority of users accept the new fork.

What bullshit is this? bitcoin doesn't have a difficulty bomb

1 comments

It has a much weaker version, it's just not called a difficulty bomb, it's called the 21M bitcoin limit and the halvings leading up to it. As that limit is approached, Bitcoin mining gradually becomes less profitable.

https://www.cnbctv18.com/cryptocurrency/what-happens-after-a...