McCoy on Nostr: Bitcoin Security: ✅Crazy large numbers ✅ ECDSA ✅ Private key set up ✅ Private ...
Bitcoin Security:
✅Crazy large numbers
✅ ECDSA
✅ Private key set up
✅ Private key management tools
✅ UTXOs stored on widely distributed nodes
✅fee market: responsively resistant to attacks
✅ coin emission and time stamping via POW
✅ node consensus enforcing monetary policy
✅voluntary updates with backwards compatibility
✅ mining incentives: soaking up low cost energy
✅ energy producers
✅humans who embrace personal responsibility
Published at
2024-05-22 04:25:58Event JSON
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"pubkey": "392316041be345b2bac5c4d1f44c7701385d62bfaac742d94273d10a6434eaac",
"created_at": 1716344758,
"kind": 1,
"tags": [],
"content": "Bitcoin Security:\n✅Crazy large numbers\n✅ ECDSA\n✅ Private key set up\n✅ Private key management tools\n✅ UTXOs stored on widely distributed nodes\n✅fee market: responsively resistant to attacks\n✅ coin emission and time stamping via POW\n✅ node consensus enforcing monetary policy\n✅voluntary updates with backwards compatibility \n✅ mining incentives: soaking up low cost energy\n✅ energy producers\n✅humans who embrace personal responsibility",
"sig": "6d28a6e58c93dc8ce58328a30b42038558dda35b0ca55bde870a20f843c24eed4893031c8d4cee1d0572cc258b0db92cb60f896d43185a8508ddfc2339bdbe19"
}