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We're preparing an explainer site on the security budget issue. Lots of charts, debunking common misconceptions, and an overview of possible solutions. Stay tuned! 💸

Boy, was I wrong when I was saying "Bitcoin fees always revert back to 1 satoshi per byte" whenever the "fEe‑MaRKeT‑iS‑fOrmInG" blokes showed up. You can now get a confirmation for way below 1 satoshi! Nearly 13k transactions did exactly that in the last 24 hours🤯

"The team behind budget.day deserves recognition for opening a conversation that many in the Bitcoin community have long preferred to sidestep" 🔔

Why, that's quite the opposite of the infamous One-Meg-Greg's "champaign popping" 🤪

Bitcoin maxis continue to pile up mistakes. Bitcoin had worked perfectly well before it hit the artificial block size limit: people actually used Bitcoin and paid fees. The user base was growing, and the plan to replace subsidy with fees was working. Now, thanks to L2 lunatics

It's 2025 out there and some people are still buying the narrative that these Sybils matter 🤷‍♂️

If I gave a random someone my credit card number, they wouldn't know my balance either. This doesn't mean credit cards are private: the bank knows. A system is private when *no one* knows your balance. That's not the case with Lightning: it's centralized around large hubs 🧐

What's amusing about these Lightning (Super Testnet) vs. Monero (BawdyAnarchist) privacy debates is the Lightning side blabbering about "bUt We hAvE BOLT-tHis aNd ONioN-thAt" while totally ignoring that 99% of Lightning usage is fully custodial: there's no privacy at all.

Instead of offering the SegWit discount, miners should apply a 100x fee multiplier to P2WSH outputs to extra-tax these Lightning hubs and other L2s. It's unbelievable that miners allow these banksters to siphon off their revenue… At a discounted rate 🤯

Here's a more realistic headline 🤷‍♂️ April 17, 2032: Chancellor on brink of first bailout for Bitcoin due to depleted security budget

Most bitcoiners dunking on USDT because these "blockings" are "not decentralized" and "CBDC-like" are completely missing the part where Bitcoin will become the very same thing in the coming years 🫤 The security budget issue. Governments will be sponsoring miners to censor.

I have a simple feature request for those who are building Monero wallets 🤓 Make an option to split the change output into several smaller ones. A very common scenario: a user receives a large amount of XMR at once, spends a little, and gets the change blocked for 10 blocks

Is this the peak design for a website? 🤔

This is a significant milestone for Zcash. Shielded transfers in the browser are a challenging task. Hopefully, this will shift more users from T to Z 🚀

Introducing Blockchair's New Tokens Hub! ✨ We're excited to unveil our comprehensive Tokens page featuring thousands of cryptocurrencies, in collaboration with our partners at CoinGecko! Check it out now at: blockchair.com/tokens

Brewing something for Monero! Meaning that our entire team has to take a deep dive into all the technical details. RingCT, Dandelion++, FCMP++, and all the cool things shouldn't be just obscure buzzwords 😎

It seems like there's a growing risk of Monero being 51%-attacked soon. What does this mean for Monero and PoW coins in general, including Bitcoin? 🤔🧵 Both absolute and relative security budgets (the amount paid to miners) must be high enough. Bitcoin's absolute daily security

These Qubic blokes have managed to acquire 25% of the hashrate within just two months, while openly threatening to launch a 51% attack against Monero. Some Monero folks choose to ignore the issue of having a low security budget, just as many Bitcoin Cash fans do. Grave mistake.

Lots of Monero bros are in disbelief that a 51% attack by Qubic can happen 😕 Any PoW chain can be attacked. It doesn't matter how good your coin is: what matters is the security budget. Bitcoiners shouldn't gloat: Bitcoin might be next. Here's a brief history of 51% attacks: