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Version 2
Last scraped
Edited on 05/06/2025, 00:32:27 UTC
Yes. In addition, people should also accept that few cryptocurrency have different strength and weakness compared with Bitcoin. I use term "few" since most cryptocurrency is just copy-paste without bringing new strength or uniqueness.
There are "few" altcoins with strength or advantage against Bitcoin but if you want a decentralized and most secure blockchain to use, it's Bitcoin blockchain. If you want best safety for your fund, it's Bitcoin blockchain. It's easy decision if you can afford to pay more expensive transaction fee with Bitcoin blockchain, though it costs a little bit more, I think it is acceptable and worth to pay.

https://howmanyconfs.com/

one could argue that gear+hardware to marketcap $ ratio is a good way to determine how secure the network is.

btc market cap is 2 trillion

ltc+ doge market caps are 6.8+29.3 billion or 36 billion

2,000,000,000,000/36,000,000,000=55.556

55.55 to one bigger marketcap for btc

so the hard ware to secure the caps should be 55.55 to 1

so is the value of the gear 55 to 1.

well some quick math.

2.8 ph for scrypt
2800 th for scrypt
2,800,000 gh for scrypt 

28000000/14=200,000 this is 2 hundred thousand bitmain L9 units

or 200,000x9,000=1,800,000,000 that is 1.8 billion in gear protecting 36 billion in coins

55.55x1.8=99.99 billion in btc gear would be the correct ratio.

well

1,000 eh is the btc network
1,000,000 ph
1,000,000,000th

1,000,000,000/277=

3,610,108 x 7,000 =2.527×10¹⁰

25billion in protect 2.0 trillion

so in one argue,ent you could say scrypt is more secure

but both are very protected



Version 1
Scraped on 05/06/2025, 00:07:43 UTC
Yes. In addition, people should also accept that few cryptocurrency have different strength and weakness compared with Bitcoin. I use term "few" since most cryptocurrency is just copy-paste without bringing new strength or uniqueness.
There are "few" altcoins with strength or advantage against Bitcoin but if you want a decentralized and most secure blockchain to use, it's Bitcoin blockchain. If you want best safety for your fund, it's Bitcoin blockchain. It's easy decision if you can afford to pay more expensive transaction fee with Bitcoin blockchain, though it costs a little bit more, I think it is acceptable and worth to pay.

https://howmanyconfs.com/

one could argue that gear+hardware to marketcap $ ratio is a good way to determine how secure the network is.

btc market cap is 2 trillion

ltc+ doge market caps are 6.8+29.3 billion or 36 billion

2,000,000,000,000/36,000,000,000=55.556

55.55 to one bigger marketcap for btc

so the hard ware to secure the caps should be 55.55 to 1

so is the value of the gear 55 to 1.

well some quick math
Original archived Re: Bitcoin maximalism: good or bad?
Scraped on 05/06/2025, 00:02:37 UTC
Yes. In addition, people should also accept that few cryptocurrency have different strength and weakness compared with Bitcoin. I use term "few" since most cryptocurrency is just copy-paste without bringing new strength or uniqueness.
There are "few" altcoins with strength or advantage against Bitcoin but if you want a decentralized and most secure blockchain to use, it's Bitcoin blockchain. If you want best safety for your fund, it's Bitcoin blockchain. It's easy decision if you can afford to pay more expensive transaction fee with Bitcoin blockchain, though it costs a little bit more, I think it is acceptable and worth to pay.

https://howmanyconfs.com/

one could argue that gear+hardware to marketcap $ ratio is a good way to determine how secure the network is.

btc market cap is 2 trillion

ltc+ doge market caps are 6.8+29.3 billion or 36 billion

2,000,000,000,000/36,000,000,000=55.556

55.55 to one bigger marketcap for btc

so the hard ware to secure the caps should be 55.55 to 1