The Most Underrated Thing About Bitcoin? the Difficulty Adjustment
What’s the best thing about Bitcoin’s design? Its scarcity (only 21 million coins)? Its decentralized nature (control is spread out)? Its trustless model (goodbye, banks)? Spend some time on crypto Twitter, and you’ll hear plenty of takes on these well-publicized benefits. What you might not hear about as often is a quiet mechanism ticking away … Read more