For the first time this year, Bitcoin’s annual security budget accounted for a higher proportion of market capitalization than the year before
Kofi, a contributor to DefiLlama, stated in a post on X platform that this year will be the first time in Bitcoin's history that the annual security budget as a percentage of market capitalization will be higher than the previous year (rising from 1.8% to 1.9%). The security budget is the amount earned by miners to ensure network security. When this value is higher, the cost of a 51% attack is also higher, and vice versa.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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