Jevons Paradox: What It Actually Means For Bitcoin

Jevons Paradox: What It Actually Means For Bitcoin

January 10, 2024 by secret
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[ad_1] From an economic standpoint, Jevon’s Paradox is arguably the foundation of the scaling road we have started walking down for Bitcoin. Pushing things off-chain is attempting to make the use of the scarce resource that blockspace is much more efficient to accommodate a materially larger user base than the blockchain can facilitate on its