@DrMemebrain@RyanSAdams Also the average tx fees are ~10M USD per day and new BTC issued are ~30M USD per day. In 2 halvings the ratio will be probably 3:1 in favor of tx fees (making it a profitable and sustainable network as we consider ETH to be now?)
@DrMemebrain@RyanSAdams Yes, BTC does not have a burn mechanism per se, but according to Chainalysis ~3.7 mil coins were lost in the first 10 years (can be considered burned?).
Won't BTC become deflationary in 10 years due to this eventually? (the amount available will only drop)
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🚨 There is a MAJOR exploit going on in the crypto space right now, impacting a LOT of popular dApps/websites.
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🚨🚨🚨 RED ALERT 🚨🚨🚨:
Do not interact with ANY dApps until further notice. It appears that a commonly used web3 connector has been compromised which allows for injection of malicious code affecting numerous dApps.
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Seems to be getting clearer...
I've arrived at the lost city countless times, a fragment of the Sanctum.
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Launch + CEX Announcement 🤝
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More details soon! 👀