Daje 🇮🇹🇮🇹🔥 #OrdinalsFamily #EremiticGang🏴☠️
Italia
Joined April 2010
- Tweets5.3K
- Following715
- Followers1.4K
- Likes19.1K
Congratulations to those who found this #bitcoin block with few gb of power
Don’t forget also the share of ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 that you received along with bitcoins
Completely agree with @TheBlockRunner
@AntPoolofficial should also start distribution
This is not accurate, already today the miners receive ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 in addition to bitcoin,
@ViaBTC called it a sustainable project over time,
@F2pool @SpiderPool_com @AntPoolofficial and 60% of the network started to handle it,
Some already redistribute it together with #BTC
@Natgmi @TheBlockRunner
Keep up and support the @binance @cz_binance community
The last bitcoin is expected to be mined around 2140.
After that, miners won't earn new BTC, only transaction fees.
Here's how Bitcoin was designed for that transition 👇
binance.com/en/academy/artic…
Agree ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247
$dmt-nat community it's time to either put up, or shut up.
The time for talking is over. Zeal and hype are great, but they don't move the needle.
Contribute hashrate to Bitcoin's network to prove that it works. Learn the reality of having to pay your electricity bill regardless if you're profitable. Learn that pools have minimum NAT payouts that you can't hit for years on home miners. Learn how much it costs to convert the block subsidy ordinal into the erc-20 token that you can actually sell on an exchange to help subsidize your mining operation.
I want NAT to work out, but unless it's being built by people who are living the reality of Bitcoin mining day in and day out, I don't see it succeeding as the second subsidy for miners you claim it to be.
Keep your eyes on @ordinalswallet today👀👀
Study ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247
@natgmi
Bitcoin’s declining security budget is not an issue for 2140, it an issue miners are feeling today.
- Almost all publicly traded miners have pivoted away from Bitcoin.
- Most Bitcoin transactions are off-chain.
- Its most optimal use case is a store of value.
2028 will make this problem obvious.
What do you need to make Bitcoin secure and therefore increase the value per Bitcoin?
You need 2 things:
1. Sufficiently decentralized mining network - not miners leaving the network.
2. High energy expenditure, because this is how you impose a high physical cost to attack the network.
How do you enable those 2 critical items?
You need incentives that grow over time to support a growing value of the network.
Right now those incentives are eroding exponentially every 4 years and the price of bitcoin will not exponentially grow forever.
This is why a 2nd subsidy has over 60% of hash power already supporting ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247.
NAT is discovery from Bitcoin’s own block data. Via @tap_protocol inscriptions, Bitcoin block data has been tokenized and earned by Bitcoin miners. If you win a block, you earn BTC + NAT, without changing the consensus rules of Bitcoin.
What does this mean?
It means NAT addresses Bitcoin’s declining security budget via first principles. If Bitcoin’s security is measured by the cost of attack which is a measure of miner revenue, then the solution to the declining security budget is to deliver more money to the miners.
NAT is already supported by over 60% of Bitcoin hash power and the result is that Bitcoin can maintain 21M cap and no taxing Bitcoin holders to maintain a security budget long term.
All public companies are legally obligated to disclose risks from the assets they service. All of these companies are aware of the issue as you can see below. And the only proposals to address this issue is to make Bitcoin infinite or tax Bitcoin holders.
You will have to make a choice.
The miners have already voted ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247
Learn more here @natgmi
We need to focus on the things that can really be useful to the #bitcoin ecosystem
ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 in first place🔥
#Nat @natgmi
Today’s lesson was free.
$LAPTOP ran on attention.
Attention expired in minutes.
Bitcoin still has to buy security every 10 minutes.
The subsidy keeps shrinking.
Fees still don’t cover it.
$NAT is the payroll.
Minted from the block.
Paid to the miner.
No premine. No founder bag.
Just difficulty math.
If your ticker needs CT awake to work, it isn’t physics.
$NAT
ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 #NAT
I would say that @iambroots has chosen the right time for this space,
Set the reminder ethereum:0x249130f5e2dd4cf278180c0df8273f3592ad1247 🫡
People do $NAT want to have this conversation about $BTC
It needs to double every cycle or it fails.
We invite all for a serious convo.
@ToneVays
@adam3us
@Davincij15
@maxkeiser
@PeterMcCormack
@jimmysong
Come School us or come be schooled 👀
xitter.cf/i/spaces/1XxyggvqEjvGM
This is an important step for @tap_protocol and @natgmi
@BNBCHAIN should talk about it
@binance @cz_binance @TheBlockRunner #nat
The moment is not the best in crypto,
Memes are not in fashion now,
The question is:
Why risk losing money rather than supporting $NAT that in a future bull market could really make a good rise?
The Dmt-bit kids have been exposed for the dishonest fraudsters they are.
dmtbitdump.drvx.net
Well done whoever exposed them here.
I’m OG in $NAT and bit I saw it born two years ago,
$BIT is making good volumes,
But $NAT in these two years has made its way, and is continuing its path in a genuine way, I’m not worried about this FOMO on BIT, after the last rise of NAT there is that it stabilizes before the next news
@natgmi @TheBlockRunner
This quoted post is unavailable.
📌 What will happen to Bitcoin miners when all reward blocks end in 2140?
This excellent article by @BinanceAcademy Academy talks about it (and @cz_binance has talked about it many times): miners will only have to rely on transaction fees.
A concrete solution already in operation today is $NAT (DMT-NAT): the first native #Bitcoin token generated with each block and distributed directly to miners as a second subsidy.
In the meantime it has already been adopted by various important mining pools (@SpiderPool_com @f2pool etc.) and is becoming a real help for the sustainability of #mining.
Interesting connection between theory and practice. What do you think?
@natgmi @TheBlockRunner
What happens when the last BTC is mined?
A closer look at Bitcoin after the final coin is mined.
Read more 👇
binance.com/en/academy/artic…
I agree with @romtheminer,
He seems to want to force something at all costs,
It’s not a flourishing period for memes or other things,
It doesn’t seem smart to me to want to push something at all costs,
$NAT has started the process of supporting miners and still has a lot of room for growth,
I hope $BIT doesn’t make anyone lose money
无语到我都不知道怎么用英文表达了😓 我直接中文点评了：
解决比特币挖矿的中心化问题，本身是一个极简的、崇高的使命和旗帜。本来挺好的。
结果现在硬讲故事，非得跟 AI 搭上边，去蹭 AI叙事的热度，简直是丢了西瓜捡芝麻。太扯了。 @lemma_hq
The largest community?
There is only a large resilient and resilient community that of $NAT
It seems to me that $BIT is a non-filled mint of 2022,
Resumed now in the period where $NAT is making its way,
$NAT has begun to be adopted by miners, and is making itself known,
Does $bit want to take advantage of the moment to give hope?
I think that if $BIT was something valid the mint would have been closed years ago
So $BIT is moving to the AI direction now, which is completely different vs $NAT.
Hi @tap_protocol @TracNetwork @rarity_garden you guys should support the wider community not just one $NAT coin lol.
It is very rare to see a public chain / protocol that only supports one single project😅
There must be some sort of misunderstanding here.
In these two screenshots I want to point out two things:
1- the dmt bit token is not new, it was created 2 years ago
2- it doesn’t seem to be going well
Don’t waste time on imitations, $NAT has already started the duo for adoption time and can still grow a lot!
Stay SAFU
@TheBlockRunner @natgmi
$NAT it’s one and only,
Don’t take risks
This quoted post is unavailable.
Agree
Congratulations to @TheBlockRunner and @tap_protocol
I would also like to add my compliments to @ordinalswallet who immediately integrated $NAT and supported him over time
The NAT community is strong 🔥🔥
Real recognition where it’s due. 🥂
A massive salute to @TheBlockRunner. While the rest of the space was gambling, they were looking years ahead at the Bitcoin Security Budget. Their conviction never wavered.
They didn't just write a thesis - they single-handedly aligned the Top 5 Bitcoin mining giants on Earth to actively mine $NAT.
The heavy machinery is already plugged in, and soon the rest of the world will follow.
Look at this avalanche of CEX listings.
Haven't paid a SINGLE CENT. Major exchanges are rushing to list $NAT because the organic volume is a force of nature.
Ultimate respect to Benny for architecting @tap_protocol - the engine making all this digital physics possible.
The smartest guys in the room just shifted the global hashrate.
Billions incoming. 🦇🔊⛏️